Assume that you are purchasing an investment and have decided to invest in a company in the digital phone business. You have narrowed the choice to Digital Plus Corp. and Very Network, Inc. and have assembled the following data. (Click to view the income statement data.) (Click to view the balance sheet and market price data) Requirement 1a. Compute the acid-test ratio for both companies for the current year. Begin by selecting the formula to compute the acid-testratio Acid-testratio = Now, compute the acid-test ratio for both companies. (Round your answers to two decimal places, XXXX) Very Network Digital Plus Acid-testratio Requirement 1b. Compute the inventory tumover for both companies for the current year. Begin by selecting the formula to compute the inventory tumover. Inventory turnover = Cost of goods sold + Average merchandise inventory Now, compute the inventory tumover for both companies. (Round your answers to two decimal places, XXXXX) Inventory turnover Digital Plus Very Network Requirement 10. 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.) Days' sales in receivables Digital Plus Very Network 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%) Digital Plus Very Network Debt ratio Requirement 1e. Compute the eamings per share of common stock for both companies for the current year. Begin by selecting the formula to compute the eamings per share of common stock. Eamings per share of common stock = Now, compute the earnings per share of common stock for both companies. (Round your answers to the nearest cent.) Digital Plus Very Network Earnings per share of common stock Requirement 1f. Compute the pricelearnings ratio for both companies for the current year. Begin by selecting the formula to compute the pricalaamnings ratio. Pricings ratio = Now, compute the prica earnings ratio for both companies. (Round interim and final answers to two decimal places, XXX) Digital Plus Very Network Priceleamings ratio Requirement 1g. Compute the dividend payout for both companies for the current year. Begin by selecting the formula to compute the dividend payout. Dividend payout. Now, compute the dividend payout for both companies. (Round interim answers to two decimal places, XXXX, and your final answers to the nearest whole percent, X%) Digital Pluc Very Network Dividend payout Requirement 2. Decide which company's stock better fits your investments strategy. common stock seems to fit the investment strategy better. Its priceleamings ratio is and . On the majority of the ratios www Your strategy is to invest in Read the requirements