Required:
Using yearend balances for all ratios, compute the following ratios:
Note: Round your intermediate calculations and final answers to decimal places. Enter percentage answers rounded to
decimal places ie should be entered as
Profitability Ratios: Blue Water Company; Prime Fish Company
Ratio
Profitability Ratios:
Return on equity ratio
Return on assets ratio
Gross profit margin
Net profit margin ratio
E
The current year financial statements for Blue Water Company and Prime Fish Company are presented below.
tabletablepointsBlue Water,Prime FishBalance sheet,,Cash$ $ Accounts receivable netInventory,Property & equipment neteBookOther assets,PrintTotal assets,$ $ Current liabilities,$ $ ReferencesLongterm debt interest rate: Capital stock $ par valueAdditional paidin capital,Retained earnings,Total liabilities and stockholders' equity,$ $ Income statement,,Sales revenue on credit$ $ Cost of goods sold,arnings per share ratio
Asset Turnover Ratios:
Total asset turnover ratio
Fixed asset turnover ratio
Receivable turnover ratio
Inventory turnover ratio
Liquidity Ratios:
Current ratio
Quick ratio
Cash ratio
Solvency Ratios:
Debt to equity ratio
Market Ratios:
Price earnings ratio
Dividend yield ratio