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can you explain each stop please Rawa jakou & I 10/11/2010 PM Homework: Week One: Chapter 17 Homework Problems Sve Score: 0 of 3 pts
can you explain each stop please
Rawa jakou & I 10/11/2010 PM Homework: Week One: Chapter 17 Homework Problems Sve Score: 0 of 3 pts 5 of complete HW Score: 48.62%, 729 of 15 pts PF17-28A (similar to) Question Help Assume that you are purchasing an investment and have decided to invest in a company in the di prone business. You may is to invest in companies that have low priceanings rates but appeat to be in good shape finity You have narrowed the choice to the Digital Corp. and EveryZone, Inc. and we wild a folosing dat Atun hat you have and the action and that your decision depends on the results of tensis Click to view the income talent) Read the Click to view the balance sheet and annat price Requirementa. Compute the acid-test ratio for both companies for the current year Begin by selecting the formula to compute the acid-test ratio Acid-strato Requirements Data Table 1. Compute the following ratios for both companies for the current year Acid-test ratio b. Inventory umover Days'sales in recevable d. Debit ratio . Earnings per share of common stock L Price amings ratio Dividend payout 2. Decide which company's stock butterfis your investment strategy Selected income tant data for the current your Better Die Everyone Net Sales Revenue wil on end) 420.155 $ Cost of Good Bold 200 000 250.000 Interest Expense Net income 51.000 74,000 Done Print Done CA Check Arew 14 remaining MacBook Pro s 4 % 5 7 6 8 0 9 2 3 E R Y G H D J K K 5 of 5 (3 complete) Data Table Selected balance sheet and market price data at the end of the current year: Better Digital Every Zone Current Assets: Cash 27,000 $ 40,000 22,000 20,000 46,000 Short-term Investments Accounts Receivables, Net Merchandise Inventory Prepaid Expenses Total Current Assets Total Assets 35,000 67,000 23,000 102,000 15,000 $ 192,000 $ 205,000 Total Current Liabilities 261,000 $ 105,000 105,000 324,000 98,000 133,000 Total Liabilities Common Stock: $1 par (11,000 shares) $2 par (17,000 shares) Total Stockholders' Equity Market Price per Share of Common Stock 11,000 156,000 34,000 191,000 104.40 78.88 er. Print Done MacBook Pro zoon.us C My Devices Che... Settings - Security pter 17 Homework Problems 5 of 5 (3 complete) - X to 0 Data Table one Total Current Liabilities 105,000 105,000 98,000 133,000 Total Liabilities for 34,000 191,000 104.40 0.70 Common Stock: $1 par (11,000 shares) 11,000 $2 par (17,000 shares) Total Stockholders' Equity 156,000 Market Price per Share of Common Stock 78.88 Dividends Paid per Common Share 1.00 Selected balance sheet data at the beginning of the current year: Better Digital Balance sheet: Accounts Receivables, net 39,000 $ Merchandise Inventory 81,000 Total Assets 260,000 Common Stock: $1 par (11,000 shares) 11,000 $2 par (17,000 shares) Every Zone 51,000 88,000 272,000 34,000 ver. Print Done Step by Step Solution
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