(Click the icon to view the income statement data.) (Click the icon to view data at end of current year.) (Click the icon to view data at beginning of current year.) (Click the icon to view more information.) a. Quick ratio Select the formula and then enter the amounts to compute the quick ratio for each company. (Round the ratios to two decimal places, X.XX.) Requirement 1. Compute the following ratios for both companies for the current year and decide which company's stock best fits your investment strategy. Assume all sales are on credit. (Abbreviations used: A/R= accounts receivable, Avg= average, CS = common stock, EBIT = earnings before interest and taxes, Mkt = market, SE = stockholders' equity, and ST= short-term.) a. Quick ratio b. Debt ratio c. Interest coverage ratio d. Accounts receivable turnover e. Inventory turnover f. Total asset turnover g. Retum on assets h. Return on equity i. Earnings per share j. Price-earnings ratio d. Accounts receivable turnover Select the formula and then enter the amounts to compute the accounts receivable turnover ratio for each company. (Round the ratios to two decimal places.) RI,Inc.SS,Corp.111===Accountsreceivableturnovertimestimes e. Inventory turnover Select the formula and then enter the amounts to compute the inventory turnover for each company. (Round the ratios to two decimal places.) RI, Inc. SS, Corp. 1l1===Inventoryturnovertimestimes Data table Data table Data table Selpecterl halance shept rlata at the herinninn af the current vaar- More info Your investment strategy is to purchase the stock of the company that has a low price-earnings ratio but seems to be in good shape financially. Assume that you analyzed all other factors and your decision depends on the results of the ratio analysis to be performed