Question: Help Needed Requirements 1. Using the financial statements given, compute the following ratios for both companies for 2025 and 2024. Assume all sales are credit

Help Needed

Help Needed Requirements 1. Using the financial statements given, compute the followingratios for both companies for 2025 and 2024. Assume all sales arecredit sales. Round all ratios to two decimal places. a. Current ratiob. Cash ratio c. Inventory turnover d. Accounts receivable turnover e. Gross

Requirements 1. Using the financial statements given, compute the following ratios for both companies for 2025 and 2024. Assume all sales are credit sales. Round all ratios to two decimal places. a. Current ratio b. Cash ratio c. Inventory turnover d. Accounts receivable turnover e. Gross profit percentage f. Debt ratio g. Debt to equity ratio h. Profit margin ratio i. Asset turnover ratio j. Rate of return on common stockholders' equity k. Earnings per share I. Price/earnings ratio m. Dividend yield n. Dividend payout 2. Compare the companies' performance for 2025 and 2024. Make a recommendation to Better Boat Company about investing in these companies. Which company would be a better investment, The Water Company or Floatsy Life Vests? Base your answer on ability to pay current liabilities, ability to sell merchandise and collect receivables, ability to pay long-term debt, profitability, and attractiveness as an investment. Balance Sheet Assets

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