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The current year financial statements for Blue Water Company and Prime Fish Company are presented below. Blue Water Prime Fis

BLUE WATER COMPANY PRIME FISH COMPANY Ratio Profitability ratios: Return on equity Return on assets Financial leverage percen

The current year financial statements for Blue Water Company and Prime Fish Company are presented below. Blue Water Prime Fish Balance sheet: Cash Accounts receivable (net) Inventory Property &equipment (net) Other assets Total assets Current liabilities Long-term debt (interest rate: 15%) Capital stock ($10 par value) Additional paid-in capital Retained earnings Total liabilities and stockholders' equity Income statement: Sales revenue (1/2 on credit) Cost of goods sold Operating expenses Net income Other data: Per share stock price at end of current year Average income tax rate Dividends declared and paid in current year $ 20,300 33,100 44,200 409,400 312,000 S819,000 $ 59,500 61,400 519,000 106,700 72,400 S819,000 $ 41,700 41,500 95,500 150,500 84,700 S 413,900 $ 95,500 69,900 152,900 29,700 65,900 413,9005 819,00 6131000- S 436,500 (237,500) 162.400) $ 795,000 (400,700) 311,700 $ 82,600 $22.7 45 45% $ 33,700 $ 151,500
BLUE WATER COMPANY PRIME FISH COMPANY Ratio Profitability ratios: Return on equity Return on assets Financial leverage percentage Net profit margin Earnings per share 2. Turnover ratios: Total asset turnover Fixed asset turnover Receivable turnover Inventory turnover 9 Liquidity ratios 10 Current ratio Quick ratio 12. Cash ratio Solvency ratios 13. Debt/equity ratio Market ratios 14 Pricelearnings ratic 15. Dividend yield ratio
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EBIT poins fsh 32600 $36,600 e28 Netino Met Sale s 36,600 82,60D Net- profit mucin $S,O00 36 SDD Duidund 36,600o 4.82, 600 ︹Ou36s00 Ci1300 SI9000 Net Nad 36 SOO 1.9y 2.10 u36SOO Salu 39nSo0 2182SD 33100 S.26 Sedl poim fsb 406100 237SO0 SSoO u4200total Cash Tedy Accaunt Recatvabla 20300t U200 331 STS00 aSSoO 64 20300 3310O SISOD SSDo 0.9 $20,300 Total EaiiikSS0o+ 600 200 2100 6S100 2090O 69S100 2-2 2.39 13 mauket Valuue 33400 S9000 ITD 3,92 9.20 2.12 Oudard veld tatio $9.20 22.7 4

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