Assume that you are desing an investment and have decided to invest in a company in the smartphone business. You have narrowed the choice in Better Dgital Electronics or N Zores Electronics and have assembled the following dra Selected income statement cala for the current year followe: Click to view the income laient data) Selected ba and shoot cala at the beginning of the current year to low: : (Click to view the balance sheet cata. Sected balance short and market-arice date at the end of the current year follow (Cicla vow the market prodat) Your Brain to invest in companies tot have low pricelarning rates but appear to be in good pe francialy. Assume test you have aratycod all other Po and that your decision depends on the rest of radio analyala. Read the requirement. (Erber any percentages as desmas in this format X.XX Round your answers to two decimal places. Better Digital All Zones 1 Balance sheet and mario prica data 2. Acid-teratio Requirement i Balance sheet and market price dale All ZONA 55 150 Compute the following radios for both companies tor to currentycar and decide which company's stock eller lite your investment Bregy Assure alle ore on credit Batter Digital All Zonen Better Digital Current receivables, net ....... $ 45.00 $ Inventories. $ 73,000 $ Total assets......................... $ 250,000 $ Common stock: $1 par, (13,000 shares) . $ 13,000 Common stock: $1 per, 18,000 shares $ 33.CC 273.0CC Current A Cash S 22,000 16.000 27,000 $ 38,620 37,000 $ 72,000 $ 4. Gans b. Inventory mover c. Days sales in average rochables d. Darato Gross protrom 1. Earnings per share or common stock 9. Priornings raio 20,830 42.500 107.000 5,670 Print Done Print Done 180 COU$ 300,000 $ Short-term investments S Current receivables, ne Inventories S S Prepaid expenses Total current assets S Total abs. S Total current abilitiek S Total abiti...... s Common stock: $1 par, (13,000 shares).. Common stock: $1 par, (16,000 shares).. Total stockholders' equity ............. S Market price per share of common stock 199,000 250,000 97,000 Income statement 102.000 $ 102.000 13 000 130,000 $ . Better Digital 487.2008 $ 203, 2005 16,000 120,000 77.70 198,000 $ se.00 $ Net sales(all on credit ....... Cost of goods sold ....... Interest expense. Net Income ... All Zones 585750 247.000 20.500 S S 72,300 $ 67,200 Print Done Print Danc Enter aty number in the ecit fields and then click Check