Selected financial statement data for a recent year for Belliveau Corporation and Shields Corporation, two competitors, are as follows:

Instructions
(a) Calculate working capital and the current ratio for each company. Comment on their relative liquidity.
(b) Calculate the debt to total assets ratio for each company. Comment on their relative solvency.
(c) Calculate the profit, earnings per share, and price-earnings ratio for each company. Assume that the profit you calculate equals the profit available to common shareholders. Comment on the two companies' relative profitability.

Sales revenue Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Non-current assets Current liabilities Non-current liabilities Share price Weighted average number of common shares Belliveau $450,000 260,000 130,000 6,000 10,000 180,000 600,000 75,000 190,000 2.50 200,000 Shields $890,000 620,000 59,000 10,000 65,000 700,000 800,000 300,000 200,000 6.00 200,000