Question: pls round to two decimals places (Financial statement analysis) Carson Electronics' management has long viewed BGT Electronics as an industry leader and uses this firm

 pls round to two decimals places (Financial statement analysis) Carson Electronics'

management has long viewed BGT Electronics as an industry leader and uses

this firm as a model form for analyzing its own performance. The

pls round to two decimals places

(Financial statement analysis) Carson Electronics' management has long viewed BGT Electronics as an industry leader and uses this firm as a model form for analyzing its own performance. The balance sheets and income statements for the two firms are found here: a. Calculate the following ratios for both Carson and BGT. Current ratio Times interest eamed Inventory turnover Total asset turnover Operating profit margin Operating return on assets Debt ratio Average collection period Fixed asset turnover Retum on equity b. Analyze the differences you observe between the two firms. Comment on what you view as weaknesses in the performance of Carson as compared to BGT that Carson's management might focus on to improve its operations. a. Calculate the following ratios for both Carson and BGT Carson's current ratio is (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer Clear All Check Answer 23 parts 2 remaining ULULUI FICIU i Data Table model firm for ement a un perfor The followi atio terest earn y turnover set turnove ng profit ma Cash Accounts receivable Inventories Current assets Net fixed assets Total assets Carson Electronics, Inc. Balance Sheet ($000) $2,030 4.550 1,460 $8,040 15,980 $24 020 BGT Electronics, Inc. Balance Sheet (5000) $1,450 6,020 2.520 $9.990 25 040 $35,030 pared to BGT that e the different management ate the followi $2.470 1,030 $5,050 1,540 1,490 current ratio is 3,470 $6.970 $8.080 Accounts payable Accrued expenses Short-term notes payable Current liabilities Long-term debt Owners' equity Total liabilities and owners' equity 8,040 9.010 $24,020 4,000 22.950 $35,030 Carson Electronics, Inc. Income Statement (5000) $48.020 BGT Electronics, Inc. Income Statement (5000) $69.960 Net sales (all credit) r your answer in to Print Done Answer parts remaining i Data Table - model firm for Dial statement a ang its own perfor alculate the followi Current ratio Times interest earn Inventory turnover Total asset turnovel Operating profit ma Accounts payable Accrued expenses Short-term notes payable Current liabilities Long-term debt Owners' equity Total liabilities and owners' equity $2.470 1,030 3,470 $6.970 8,040 9,010 $24 020 $5,050 1,540 1,490 $8.080 4.000 22.950 $35.030 Ipared to BGT that Analyze the different arson's management . Calculate the followil Carson's current ratio is Net sales (all credit) Cost of goods sold Gross profit Operating expenses Net operating income Interest expense Earnings before taxes Income taxes (35%) Net income Carson Electronics, Inc. Income Statement ($000) $48,020 (35.970) $12,050 (7.980) $4,070 BGT Electronics, Inc. Income Statement (5000) $69.960 (42 010) $27.950 (12 010) $15.940 (520) $15.420 (5,397) $10.023 (1 200) $2870 (1.005) $1,865 Enter your answer in th Print Done Answer 23 parts 23 remaining

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