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Would anyone be able to help on this? (Financial statement analysis) Carson Electronics' management has long viewed BGT Electronics as an industry leader and uses

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Would anyone be able to help on this?

(Financial statement analysis) Carson Electronics' management has long viewed BGT Electronics as an industry leader and uses this firm as a model firm for analyzing its own performance. The balance sheets and income statements for the two firms are found here: a. Calculate the following ratios for both Carson and BGT: Current ratio Operating return on assets Times interest eamed Debt ratio Inventory turnover Average collection period Total asset turnover Fixed asset turnover Operating profit margin Return on equity b. Analyze the differences you observe between the two firms. Comment on what you view as weaknesses in the performance of Carson as compared to BGT that Carson's management might focus on to improve its operations. a. Calculate the following ratios for both Carson and BGT: Carson's current ratio is . (Round to two decimal places.) Cash Accounts receivable Inventories Current assets Net fixed assets Total assets Carson Electronics, Inc. Balance Sheet($000) $2,020 4,450 1,520 $7,990 16,040 $24,030 BGT Electronics, Inc. Balance Sheet (5000) $1,530 5,980 2,460 $9,970 25,000 $34,970 Accounts payable Accrued expenses Short-term notes payable Current liabilities Long-term debt Owners' equity Total liabilities and owners' equity $2,500 960 3,530 $6,990 8,010 9,030 $24,030 $4,970 1,530 1,520 $8,020 4,040 22,910 $34,970 Net sales (all credit) Cost of goods sold Gross profit Operating expenses Net operating income Interest expense Earnings before taxes Income taxes (35%) Net income Carson Electronics, Inc. BGT Electronics, Inc. Income Statement (5000) Income Statement ($000) $48,050 $70,030 (36,040) (42,030) $12,010 $28,000 (8,000) (12,020) $4,010 $15,980 (1,120) (600) $2,890 $15,380 (1,012) (5,383) $1,878 $9.997

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