calculate ratios for both the companies

Vallety store and gas bar supply business. Suppose you have narrowed the choice to ABC Trac i Income statement X Selected income statement data for the year ended December 31, 2020 ABC Trading Ltd. Link Corp. Net sales (all on credit) $ 1,064,000 $ 1,262,000 Cost of goods sold 1.612,000 728,000 Income from operations 188,000 216,000 Interest expense 42,000 12,000 Net income 83,500 142,000 Print Done ne next question. us -X Selected balance sheet and market price data for the year ended December 31, 2020 ABC Trading Link Ltd. Corp. Current assets: Cash $ 134,000 $ 112,000 Short-term investments Current receivables, net 0 322,000 Inventories 27,500 408,000 462,000 32,500 440,000 24,500 Prepaid expenses 920,500 $ Total current assets II A 1,042,000 Total assets $ 2,078,000 $ 2,358,000 Total current liabilities 758,000 812,000 Print Done $ Tivertorres 440,000 402,UUU Prepaid expenses 24,500 32,500 Total current assets $ 920,500 $ 1,042,000 Total assets 2,078,000 $ 2,358,000 Total current liabilities 758,000 812,000 Total liabilities 1,444,000 1,524,000 Preferred shares, $10.00 (350 shares) 66,000 Common shares, (75,000 shares) 450,000 Common shares, (10,000 shares) 100,000 Total shareholders' equity 634,000 834,000 Market price per common share $ 86.00 $ 64.00 ABC's preferred dividends are paid each year, there are no dividends in arrears. 4 Anna Print Done ares in a c Trading come state $ ase the sh be perfor you hav companid Market price per common share 86.00 $ 64.00 ABC's preferred dividends are paid each year, there are no dividends in arrears. Selected balance sheet data at January 1, 2020 ABC Trading Link Ltd. Corp. Current receivables, net $ 330,000 $ 298,000 Inventories 450,000 470,000 Total assets 1,982,000 1,736,000 Preferred shareholders' equity, $10.00 (350 shares) 66,000 Common shares, (75,000 shares) 450,000 (10,000 shares) 100,000 Total shareholders' equity 568,000 724.000 h compar both cor mal pl and then Print Done 6 of 11 (10 complete) the variety store and gas bar supply business. Suppose you have narrowed the choice to ABC Trading Income statement - X Selected income statement data for the year ended December 31, 2020 ABC Trading Ltd. Link Corp. Net sales (all on credit) $ 1,064,000 $ 1,262,000 Cost of goods sold 612,000 728,000 Income from operations 188,000 216,000 Interest expense 42,000 12,000 Net income 83,500 142,000 A Print Done Aces. the next question. er 2020 6 of 11 (10 complete) i More Info -X Selected balance sheet and market price data for the year ended December 31, 2020 ABC Trading Link Ltd. Corp. ar ze 134,000 $ Current assets: Cash Short-term investments Current receivables, net Inventories 0 322,000 440,000 24,500 112,000 27,500 408,000 462,000 32,500 Prepaid expenses Total current assets $ 920,500 $ 1,042,000 Total assets $ Total current liabilities 2,078,000 $ 758,000 2,358,000 812,000 Print Done 6 of 11 (10 complete) More Info e Li. ai zed ou Total current liabilities 758,000 812,000 Total liabilities 1,444,000 1,524,000 Preferred shares, $10.00 (350 shares) 66,000 Common shares, (75,000 shares) 450,000 Common shares, (10,000 shares) 100,000 Total shareholders' equity 634,000 834,000 Market price per common share $N 86.00 $ 64.00 ABC's preferred dividends are paid each year, there are no dividends in arrears. Selected balance sheet data at January 1, 2020 ABC Trading Link Ltd. Corp. Current receivables, net 330,000 $ 298,000 th Print Done mer 2020 harman 6 of 11 (10 complete) i More Info in the - X Link Corp. a lata.) compai zed all other fe und you Market price per common share 86.00 $ 64.00 ABC's preferred dividends are paid each year, there are no dividends in arrears. Selected balance sheet data at January 1, 2020 ABC Trading Link Ltd. Corp. Current receivables, net 330,000 $ 298,000 Inventories 450,000 470,000 Total assets 1,982,000 1,736,000 Preferred shareholders' equity, $10.00 (350 shares) 66,000 Common shares, (75,000 shares) 450,000 (10,000 shares) 100,000 Total shareholders' equity 568,000 724,000 1.21 und y 0.60 (Rour Je to the Print Done complete) i Required edh Compute the following ratios for both companies for the current year and decide which company's shares better fits your investment strategy: a. Current ratio b. Acid-test ratio c. Inventory turnover d. Days' sales in inventory e. Accounts receivable turnover f. Days' sales in receivables g. Debt ratio h. Debt/equity ratio i. Times-interest-earned ratio j. Return on sales k. Return on assets I. Return on common shareholders' equity m. Earnings per common share n. Price-earnings ratio o. Book value per common share Print Done