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The current year financial statements for Blue Water Company and Prime Fish Company are presented below.

	Blue Water				Prime Fish
Balance sheet:
Cash	$	43,000			$	19,000
Accounts receivable (net)		48,000				37,000
Inventory		89,000				52,000
Property & equipment (net)		170,000				425,000
Other assets		86,000				325,000
Total assets	$	436,000			$	858,000
Current liabilities	$	89,000			$	79,000
Long-term debt (interest rate: 10%)		79,000				64,000
Capital stock ($10 par value)		162,000				532,000
Additional paid-in capital		31,000				108,000
Retained earnings		75,000				75,000
Total liabilities and stockholders equity	$	436,000			$	858,000
Income statement:
Sales revenue (1/3 on credit)	$	417,000			$	782,000
Cost of goods sold		(231,000	)			(402,000	)
Operating expenses		(165,000	)			(313,000	)
Net income	$	21,000			$	67,000
Other data:
Per share stock price at end of current year	$	24.0			$	35
Average income tax rate		30	%			30	%
Dividends declared and paid in current year	$	35,000			$	158,000

Ratio BLUE WATER COMPANY PRIME FISH COMPANY 7.83 % 4.82% 9.37% 7.81 % Profitability ratios: 1. Return on equity 2. Return on assets 3. Financial leverage percentage 4. Net profit margin 5. Earnings per share Turnover ratios: 6. Total asset turnover 7. Fixed asset turnover 8. Receivable turnover 9. Inventory turnover Liquidity ratios: 10. Current ratio 11. Quick ratio 12. Cash ratio Solvency ratios: 13. Debt/equity ratio Market ratios: 14. Pricelearnings ratio 15. Dividend yield ratio

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