Question: Problem 9-8A Calculate and analyze ratios (LO9-8) Selected financial data for Bahama Bay and Caribbean Key are as follows: 5 (5 in millions) Total assets


Problem 9-8A Calculate and analyze ratios (LO9-8) Selected financial data for Bahama Bay and Caribbean Key are as follows: 5 (5 in millions) Total assets Total liabilities Total stockholders' equity Sales revenue Interest expense Tax expense Bahama Bay 2021 2020 9,703 59,622 8,082 7.566 1,621 2,076 Caribbean Kay 2021 2020 $ 8,903 $8.942 7,523 7,513 1.1 1.429 $12,879 210 Required: 1-0. Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year. (Do not round intermediate calculations. Round ratios answers to 1 decimal place. Enter your answer in millions.i.e., $5.500.000 should be entered as 5.5 Debt to Equity Ratio Bahama Bay 5
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