Data table Selected income statement data for the current year: Digital Plus Very Zone Net Sales Revenue (all on credit) $ 421,940 $ 493,845 Cost of Goods Sold 209,000 261,000 Interest Expense Net Income 0 17,000 62,000 68,000 Print Done X ata table This tes < Question 14 of 31 > Selected balance sheet and market price data at the end of the current year. Digital Plus Very Zone Current Assets: Cash 28,000 $ 21,000 Short-term Investments Accounts Receivables, Net 41,000 20,000 40,000 47,000 Merchandise Inventory 64,000 98,000 17,000 15,000 Prepaid Expenses $ 190,000 $ 201,000 Total Current Assets Total Assets 260,000 $ 328,000 Total Current Liabilities 100,000 97,000 Total Liabilities 100,000 130,000 Common Stock: $1 par (10,000 shares) 10,000 $1 par (17,000 shares) 17,000 Total Stockholders' Equity 160,000 198,000 Market Price per Share of Common Stock 111.60 100.00 Dividends Paid per Common Share 1.00 0.80 Selected balance sheet data at the beginning of the current year. Digital Plus Very Zone Print Done Data table 17,000 15,000 Prepaid Expenses $ 190,000 $ 201,000 Total Current Assets Total Assets $ 260,000 $ 328,000 Total Current Liabilities 100,000 97,000 Total Liabilities 100,000 130,000 Common Stock: $1 par (10,000 shares) 10,000 $1 par (17,000 shares) 17,000 Total Stockholders' Equity 160,000 198,000 Market Price per Share of Common Stock 111.60 100.00 Dividends Paid per Common Share 1.00 0.80 Selected balance sheet data at the beginning of the current year: Digital Plus Very Zone Balance sheet: Accounts Receivables, net Merchandise Inventory Total Assets 41,000 $ 54,000 84,000 88,000 258,000 272,000 Common Stock: $1 par (10,000 shares) 10,000 t $1 par (17,000 shares) 17,000 ns Print Done 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 Zone, Inc. and have assembled the following data Click to view the income statement data) Click to view the balance sheet and market price data) Your strategy is to invest in companies that have low pricesamings rabos but appear is be in good shape financially Assume that you have analyzed all other factors and that your decision depends on the results of rato Raquirement fa. Compute the aos teel rabo for both companie Begin by selecting the time to compute the ad-estrato Acid-est rate N New compute the end-test radio for both compes (Round y Digital Plus Acid best rutio Requirement 15. Computs the inventory tumor for both cons Begin try selecting the formula to compute the inventory tu wtory tumover Now, smpule the inventory turnover for both companies (Poun Inventory over Digital Plus Requirements Requirement to. Compute the days sales in recivates for bon Begin by aning the formule to compute the days aates in necvate Days sales in receive 1. Compute the owing rate for both companies for the cent year Acid-test ratio Inventory humor Days sales in rece Earnings per share of common ook Pricemings On you 2. Decide which company's stock better tits you Print Done - X Te Remaining 1:42.22 Next peamanu a aj navE DELICIAS AT AMIR in a company in the digital phone binness Yours to invest in companies that have low presavings rafics but appare in good Requirement 1a. Compute the sod test rato for both companies for the current Begin by selecting the formula to compute the acid-b Aod-to- Now compute the acid-test rabo for both companies (Round your answers to two decimal places,XXXX) Acid-do Digital Plu Very Zone Requirement 1b. Compute the inventory turnover for both companies for the current year Begin by selecting the formula to compute the inventory over ventory over Now compute the inventory tumover for both companies (Round your answers to two decimal pXXXXX Inventory turnover Digital Plus Very Zone Requirement te. Compute the drys 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 be Now, compute the days sales in receivables for both companies (Round interm calculations two damal places and your fins answers to the newest whole dey Days sales in rec Digital Plus Very Zone Requirement 1d. Compute the debt ratio for both companies for the center Time Remaining: 01:40 Next Requirement 1d. Compute the debit ratio for both companies for the current year. Begin by selecting the formula to compute the debt ratio Deb Now, compute the debt ratio for both companies (Round your answers to the one tenth of a percent XX%) Debt to Digital Plus Very Zone Requirement 1e. Compute the earnings per share of common stock for both companies for the current year Begin by selecting the formula to compute the earnings per share of common stock Earings per share of common stock . Now, compute the earnings per share of common stock for both companies (Round your answers then cont.) Eamings per share of common stock Digital Plus Very Zone Requirement 11. Compute the prosamings ratio for both companies for the cument year Begin by selecting the formula to compute the pricesamings re Priceleamings ratio Now compute the priceieamings rudo for both companies. (Round interim and final answers to ten decimar poes, XXX) Price/earnings ratio Digital Plus Very Zone Requirement 1g. Compute the dividend payout for both companies for the current year Time Remaining: 01:48:54 Next Begin by selecting the formula to compute the price/eamings ratio. Pricing Now, compute the price/eamings ratio for both companies (Round interm and final answers to two decimal places, X.XXX) Price/eamings ratio Digital Plus Very Zone 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, compuls the dividend payout for both companies (Round inam answers to two decimal places, XXX, and your final answers to the nearest whole percent, XS) Digital Plus Very Zone Dividend payout Requirement 2. Decide which company's stock bemer the your investments strategy common stock seem to fit the investment strategy better, the priceleamings ratio is and MacBook Pro Search Ut Appe URL On the majonty of the Time Remaining: 01:48:40 Next the digital phone business. You have narrowed the choice to Corp. and VepZone Inc and have assembled the following data o view the ind o view the ba ent 1a. Comp electing the fo ratio pute the acid-t ratio ment 1b. Comp Requirements but appear to be in good shape financially. Assume that you have analyzeders/milles all other factors and that your decision depends on the results of ratio 1. Compute the following ratios for both companies for the current year: a. Acid-test ratio b. Inventory turnover c. Days' sales in receivables d. Debt ratio e. Eamings per share of common stock f. Price/eamings ratio g. Dividend payout 2. Decide which company's stock better fits your investment strategy - X ntory By sales in w selecting the fo my turnover Print Done ompute the inventory turbovar for both complaints presurid your antiwire to to ducamar prOKON, AAAT