Selected income statement data for the current year Best Digital Very Zone Net Sales Revenue (all on credit) Cost of Goods Sold Interest Expense Net Income 416,100 S 494,940 257,000 18,000 88,000 211,000 52,000 Print Done Selected balance sheet and market price data at the end of the current year Best Digital Very Zone Current Assets Cash 25,000 S 39,000 35,000 87,000 21,000 187,000 S 282,000 S 100,000 100,000 15,000 19,000 48,000 99,000 13,000 194,000 329,000 98,000 132,000 Accounts Receivables, Net Merchandise Inventory Prepaid Expenses Total Current Assets Total Assets Total Current Liabilities Total Liabilities Common Stock $1 par (12,000 shares) 12,000 $1 par (17,000 shares) Total Stockholders Equity Market Price per Share of Common Stock Dividends Paid per Common Share 182,000 82.27 0.80 17,000 197,000 100.00 0.40 Selected balance sheet data at the beginning of the current year Best Digital Very Zone Balance sheet: Accounts Receivables, net Merchandise Inventory Total Assets 52,000 86,000 275,000 41,000 S 81,000 257,000 Common Stock: S1 par (12,000 shares) 12,000 $1 par (17,000 shares) 17,000 Requirement 1a. Compute the acid-test ratio for both companies for the current year Begin by selecting the formula to compute the acid-test ratio Acid-test ratio - Now, compute the acid-test ratio for both companies. (Round your answers to two decimal places, X.xx.) Best Digital Very Zone Acid-test ratio Requirement 1b. Begin by selecting the formula to compute the inventory turnover Inventory turnover- Now, compute the inventory turnover for both companies. (Round your answers to two decimal places, X.xXx.) Compute the inventory turnover for both companies for the current year Best Digital Very Zone Inventory turnover Requirement 1c. Compute the days' sales in receivables for both companies for the current year Begin by selecting the formula to compute the days sales in receivable. Days sales in receivables- Now, compute the days sales in receivables for both companies. (Round interim calculations to two decimal places and your final answers to the nearest whole day.) Best Digital Very Zone Days sales in receivables Requirement 1d. Compute the debt ratio for both companies for the current year Begin by selecting the formula to compute the debt ratio. Debt ratio Now, compute the debt ratio for both companies. (Round your answers to the one tenth of a percent, XX%.) Best Digital Very Zone Debt ratio 96 96 2 Requirement 1e. Compute the earnings per share of common stock for both companies for the current year Begin by selecting the formula to compute the earnings per share of common stod Earnings per share of common stock Now, compute the eamings per share of common stock for both companies (Round your answers to the nearest cent) ies Round your answers to the nearest cent.) Best Digital Very Zone por share of common stock Requirement 1f. Compute the price eamings ratio for bath companies for the curmrent year Bagin by selecting the formula to compute the pric/carnings ratio. Price/camings ratio- Nov. oompute the price earnings ratio for both oompanies. (Round interim and final answers to two decimal places, XXX.) Best Digital Very Zone Requirement 1g. Compute the dividend payout for both companies for the cumrent year Begin by selecting the formula to compute the dividend payout Dividend payout- No, compute the dividend payout for both oompanies. Round Interim answers to two deamal places and your final answers to the nearest whole percent, X% Best Digital Very Zone Dividend payout Requirement 2. Decide which company's stoc better fits your investments strategy common stock seems to fit the investment strategy better. Its price/eamings ratio is ts price/earmings ratio i and .On the majority of the ratios