ere $ Assure you are purchasing an investment and have decided to invest in a company in the home renovation business. Suppose you have narrowed the choice to Busters Ltd. and Highbuild Inc. You have assembled the following selected data: Click the icon to view the income statement data.) Click the icon to view the balance sheet and market price data.) Your investment strategy is to purchase the shares of companies that have low price-earnings ratios but appear to be in good shape financially. Assume you have analyzed all other factors, and your decision depends on the results of the ratio analysis to be performed Required shar a. Compute the current ratio for both companies. (Round your answer to two decimal places.) Busters Highbuild Current ratio b. Compute the acid-test ratio for both companies (Round your answer to two decimal places.) Busters Highbuild Acid-test ratio Assume you are purchasing an investment and have decided to invest in a company in the home renovation business. Suppose you have Busters Ltd. and Highbuild Inc. You have assembled the following selected data: Click the icon to view the income statement data.) (Click the icon to view the balance sheet and market price data.) Your investment strategy is to purchase the shares of companies that have low price-earnings ratios but appear to be in good shape financia analyzed all other factors, and your decision depends on the results of the ratio analysis to be performed. Required c. Compute the inventory turnover for both companies. (Round interim calculations to the nearest whole dollar and your final answert Busters Highbuild Inventory turnover d. Compute the days' sales in inventory for both companies. (Round all answers to the nearest whole number.) Busters Highbuild Days' sales in inventory ++ Enter any number in the edit fields and then continue to the next question bule you are purchasing an investment and have decided to invest in a company in the home renovation business. Suppose you have narrowed the Busters Ltd. and Highbuild Inc. You have assembled the following selected data, DIE Click the icon to view the income statement data.) (Click the icon to view the balance sheet and market price data.) Your investment strategy is to purchase the shares of companies that have low price earnings ratios but appear to be in good shape financially. Assum analyzed all other factors, and your decision depends on the results of the ratio analysis to be performed Required on ar e Compute the accounts receivable turnover for both companies (Round interim calculations to the nearest whole dollar and your final answer to decimal places.) Busters Highbuild Accounts receivable turnover BE f. Compute the Days' sales in receivables (Round interim and final answers to the nearest whole number.) Busters Highbuild Days' sales in receivables Dom Enter any Assume you are purchasing an investment and have decided to invest in a company in the home renovation business. Suppo Busters Ltd. and Highbuild Inc. You have assembled the following selected data: Click the icon to view the income statement data.) (Click the icon to view the balance sheet and market price Your investment strategy is to purchase the shares of companies that have low price earnings ratios but appear to be in good analyzed all other factors, and your decision depends on the results of the ratio analysis to be performed. Required g. Compute the debt ratio for both companies (Round your answer to two decimal places.) Busters Highbuild Debt ratio: h. Compute the debt/equity ratio for both companies (Round your answer to two decimal places.) Busters Highbuild Debt/Equity ratio i. Compute the times-interest-earned ratio for both companies (Round your answer to two decimal places.) Enter any number in the edit fields and then continue to the next question Assure you are purchasing an investment and have decided to invest in a company in the home renovation business. Busters Ltd. and Highbuild Inc. You have assembled the following selected data: Click the icon to view the income statement data.) !!! (Click the icon to view the balance sheet and marke Your investment strategy is to purchase the shares of companies that have low price earnings ratios but appear to be in analyzed all other factors, and your decision depends on the results of the ratio analysis to be performed. Required i. Compute the times-interest-eared ratio for both companies. (Round your answer to two decimal places.) Busters Highbuild Times-interest-earned ratio: j Compute the return on sales for both companies. (Enter your answer as a percentage rounded to two decimal pla Busters Highbuild Return on sales 96 % Pomnath rotiim nn arente far hath namnnnine Entorn nanantann Inn Horimal Enter any number in the edit fields and then continue to the next question