ement data. - Data Table Selected income statement data for the current year: Net Sales Revenue (all on credit) Cost of Goods Sold Digital Plus Very Network $ 416,830 $ 497,860 207,000 258,000 0 19,000 58,000 76,000 Interest Expense Net Income Print Done Selected balance sheet and market price data at the end of the current year. Digital Plus Very Network Current Assets: Cash $ 16,000 27,000 $ 42,000 Short-term Investments 17,000 39,000 64,000 19,000 44,000 98,000 15,000 $ 191,000 $ 190,000 $ Accounts Receivables, Net Merchandise Inventory Prepaid Expenses Total Current Assets Total Assets Total Current Liabilities Total Liabilities Common Stock: $1 par (11,000 shares) $1 par (16,000 shares) 264,000 $ 326,000 99,000 101,000 101,000 132,000 11,000 16,000 Print Done TITTO TUTTTCTTTT Copyright 2021 Pearson Education Inc. All rights reserved. Terms of Use Privacy 11,000 $1 par (11,000 shares) $1 par (16,000 shares) Total Stockholders' Equity Market Price per Share of Common Stock Dividends Paid per Common Share 16,000 194,000 163,000 100.13 114.00 0.50 0.30 elected balance sheet data at the beginning of the current year: Digital Plus Very Network Balance sheet: Accounts Receivables, net $ 40,000 $ 54,000 Merchandise Inventory 88,000 85,000 260,000 Total Assets 278,000 Common Stock: 11,000 $1 par (11,000 shares) $1 par (16,000 shares) 16,000 Requirements a. 1. Compute the following ratios for both companies for the current year: Acid-test ratio b. Inventory turnover C. Days' sales in receivables d. Debt ratio e. Earnings per share of common stock Pricelearnings ratio g. Dividend payout 2. Decide which company's stock better fits your investment strategy. Print Done Digital Plus Very Network . Requirement 1a. Compute the acid-test ratio for both companies for the current year. Begin by selecting the formula to compute the acid-test ratio. Acid-test ratio Now, compute the acid-test ratio for both companies. (Round your answers to two decimal places, X.XX.) Digital Plus Very Network Acid-test ratio Requirement 1b. Compute the inventory turnover for both companies for the current year. Begin by selecting the formula to compute the inventory turnover. Inventory turnover Now, compute the inventory turnover for both companies. (Round your answers to two decimal places, X.XX.) Digital Plus Very Network Choose from any list or enter any number in the input fields and then continue to the next question. Calculator C Now, compute the inventory turnover for both companies. (Round your answers to two decimal places, X.XX.) Digital Plus Very Network Inventory turnover Requirement 1c. Compute the days' 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 receivables Now, compute the days' sales in receivables for both companies. (Round interim calculations to two decimal places day.) Digital Plus Very Network Days' sales in receivables Requirement 1d. Compute the debt ratio for both companies for the current year. Begin by selecting the formula to compute the debt ratio. Choose from any list or enter any number in the input fields and then continue to the next question. . Requirement 1d. Compute the debt ratio for both companies for the current year. Begin by selecting the formula to compute the debt ratio. Debt ratio Now, compute the debt ratio for both companies. (Round your answers to the one tenth of a percent, X.X%.) Digital Plus Very Network Debt ratio % % Requirement 1e. Compute the earings 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. Earnings per share of common stock Now, compute the earnings per share of common stock for both companies. (Round your answers to the nearest cent.) Channel ====== Digital Plus Very Network Pricelearnings ratio 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, compute the dividend payout for both companies. (Round interim answers to two decimal places, X.XX, and your final answers to the X%.) Digital Plus Very Network Dividend payout % % Requirement 2. Decide which company's stock better fits your investments strategy. common stock seems to fit the investment strategy better. Its price/earnings ratio is On the majority of the ratios, and Choose from any list or enter any number in the input fields and then continue to the next