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Data table Data table Data table Selected balance sheet data at the beginning of the current year. Assume that you are purchasing an investment and

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Data table Data table Data table Selected balance sheet data at the beginning of the current year. Assume that you are purchasing an investment and have decided to invest in a cormpary in the digital phone business. You have narrowed the choice to Digital Corp: Your strategy is to invest in cormpanies that have low poicelearnings iatios be and Very Network, Inc and have assembled the following data appear to be in good shape financially. Acsume that you have analyzed all other factors and that your decislon dependion on the resculls of ratio analysish. Requirement 1a. Compute the acid-test ratio for both companies for the current year Begha by selocting the formula to compute the acid test ratio. Now, compute the irventory turnover for both companies: (Round your answers to two dedimal places, XX ) Requirement 1c. Compute the days' sales in recelvables for both companies for the current year. Begin by pelecting the formula to compute the days" sales in recelvabie. Days sales in recelvables = Now. compute the days' sales in recelvables for both companies. (Round interin caiculations to two docimal places and your final antiwers to the nearest whole day.) Requirement 1d. Compute the debt ratio for hoth companies for the current year Blegin by selectine the famula to compute the debt ratio Debt ratio

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