Question: Listed here, are the 2018 and 2019 balance sheets, , anc , for Otago Bay Marine Motors, a major manufacturer of top-of-the-line outboard motors. a.






Listed here, are the 2018 and 2019 balance sheets, , anc , for Otago Bay Marine Motors, a major manufacturer of top-of-the-line outboard motors. a. On the basis of the information provided, calculate the following financial ratios for 2018 and 2019: b. Considering the financial ratios you computed, along with the industry averages, how would you characterize the financial condition of Otago Bay Marine Motors? Explain. a. Calculate the following financial ratios for 2018 and 2019. (Round to two decimal places.) Data table Net fixed assets $83,624$38,830 Other assets Total assets Liabilities and Shareholders' Equity Current liabilities Notes and accounts payable Dividends payable Accrued liabilities Total current liabilities Noncurrent liabilities Long-term debt $38,498$19,808 Shareholders' equity Accrued liabilities Total current liabilities $50,39019,568$20,10516,685 Noncurrent liabilities Long-term debt $38,498$19,808 Shareholders' equity Iwanwa Cdatawonnbe te ib thandonmalel Operating expenses Earnings from operations Other income (expense), net Earnings before income taxes Provision for income taxes Net earnings Cash dividends ( $0.35 and $0.23 per share) $3,933$2,585 Average price per share of common stock (in the fourth quarter of the year) $ 69.11 $83.12
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