Problem $9-9$A $($Algo$)$ Calculate and analyze ratios $($LO$9-8)$

Selected financial data for Bahama Bay and Caribbean Key are as follows:

Required:

$1-$a$.$ Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year.

$1-$b$.$ Which company has the higher ratio?

$2-$a$.$ Calculate the return on assets for Bahama Bay and Caribbean Key for the most recent year.

$2-$b$.$ Which company appears more profitable?

$3-$a$.$ Calculate the times interest earned ratio for Bahama Bay and Caribbean Key for the most recent year.

$3-$b$.$ Which company is better able to meet interest payments as they become due?

Complete this question by entering your answers in the tabs below.

Req $1$ A

Req$1B$

Req $2A$

Req $2$B

Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year. $($Enter your answ

$($i$.$e$.,$ $$5,500,000$ should be entered as $5\mathrm{.}5).)$

Problem $9-9$A $($Algo$)$ Calculate and analyze ratios $($LO$9-8)$

Selected financial data for Bahama Bay and Caribbean Key are as follows:

Required:

$1-$a$.$ Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year.

$1-$b$.$ Which company has the higher ratio?

$2-$a$.$ Calculate the return on assets for Bahama Bay and Caribbean Key for the most recent year.

$2-$b$.$ Which company appears more profitable?

$3-$a$.$ Calculate the times interest earned ratio for Bahama Bay and Caribbean Key for the most recent year.

$3-$b$.$ Which company is better able to meet interest payments as they become due?