Exerclse 14.14 (Algo) Ratlo Analysls for Two SImllar Companles (LO14-7) Selected data from the financlal statements of Itallan Marble Co. and Brazll Stone Products for the year just ended follow. Assume tha for both companles dlividends declared were equal in amount to net earnings during the year and therefore stockholders' equity did not change. The two companles are in the same line of business. a. Compute the net Income for each company. b. Compute the net Income as a percentage of stockholders' equity for each company. c. Compute the accounts recelvable turnover for each company. d. Compute the inventory turnover for each company. e. Which company is in a stronger financlal position? Complete this question by entering your answers in the tabs below. Compute the net income for each company