Question: are these ratios correct? The current year financial statements for B ve Water Company and Prime Fish Company are presented below. Both companies are in

are these ratios correct? are these ratios correct? The current year financial statements for B ve

The current year financial statements for B ve Water Company and Prime Fish Company are presented below. Both companies are in the fish catching and manulacturing business. Both have been in business approximately 10 years, anc has hed steady growth. The management of each has a different viewpoint in many respects. Blue Water is more conservative its president has sald, "We avoid what we consider to be undue risk." Neither company is publicly held. Required: 1. Using year-end belances for all ratios, compute the following ratios: Note: Aound your intermediate calculations and final anwwers to 2 decimal places. Enter percentage answers rounded to ? decimal places (i.e.0.1234 should be entered as 12.34). The current year financial statements for B ve Water Company and Prime Fish Company are presented below. Both companies are in the fish catching and manulacturing business. Both have been in business approximately 10 years, anc has hed steady growth. The management of each has a different viewpoint in many respects. Blue Water is more conservative its president has sald, "We avoid what we consider to be undue risk." Neither company is publicly held. Required: 1. Using year-end belances for all ratios, compute the following ratios: Note: Aound your intermediate calculations and final anwwers to 2 decimal places. Enter percentage answers rounded to ? decimal places (i.e.0.1234 should be entered as 12.34)

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