Selected financial data for Bahama Bay and Caribbean Key are as follows: is in million)...

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Accounting

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Selected financial data for Bahama Bay and Caribbean Key are as follows: is in million) Bahama Bay Caribbean Key 2021 2020 2021 2020 Total assets $9,723 $9,642 $ 8,923 $8,962 Total liabilities 8,092 7,556 7,533 7,523 Total stockholders' equity 1,631 2,086 1,390 1,439 Sales revenue $5,917 $12,889 Interest expense 165 Tax expense 77 351 Net income 331 364 213 Required: 1-a. 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 Carbbean Key 1-b. Which company has the higher ratio? O Bahama Bay O Caribbean Key 2-a. Calculate the return on assets for Bahama Bay and Caribbean Key. (Do not round intermediate calculations. Round ratios answers to 1 decimal place. Enter your answer in millions. (.e., $5,500,000 should be entered as 5.5).) es Return on Assets Ratio Bahama Bay Carbbean Koy 2 b. Which company appears more profitable? O Bahama Bay Caribbean Key OK 3-a. Calculate the times interest earned ratio for Bahama Bay and Caribbean Key (Do not round Intermediate calculations. Round ratlos answers to 1 decimal place. Enter your answer in millions. (.e., $5,500,000 should be entered as 5.5).) int ences Times Interest Earned Ratio Bahama Bay Caribbean Key 3-b. Which company is better able to meet interest payments as they become due? O Bahama Bay Caribbean Key

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