Discuss and explain given results of the financial rations (Total 350 words minimum)

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Company 1

Total assets        2011 year- $1,520,184     2010 - $1,545,722

Total liabilities    2011 year -$1,073,966     2010 -  $1,102,832

Debt Ratio           2011 year - 70.6%             2010 -  71.3%

 

Company 2

Net income                                   2011 year - $13,007,000        2010- $1,875,000     

Average total assets                                                     $259,495,000

Return on total assets ratio      2011 year - 5%                          2010 - 0.7%

Industry ratio 4%

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