Financial Analysis The following financial results are shown for East, Inc. and West, Inc. East, Inc. West, Inc. Ratios Current ratio 2.5 2.3 1.2 Acid test ratio Accounts receivable turnover 8.4 times 8.8 times Inventory turnover 4.7 times 5.1 times Days sales in inventory 59 days 54 days Days sales uncollected 34.2 days 29.7 days Profit margin ratio 3.2 2.8% Total asset turnover 11 9 Return on common stockholder 4.6% 4.1% equity Price earnings ratio 28.8 Dividend yield 90 Debt ratio 1.68 Times interest earned 26 times 2.2 times From the above financial data, prepare two separate memos, in the first memo, determine which of the two companies would be the better short-term credit risk and explain why. In the second memo, determine which of the two companies the better investment is and explain why. Your explanations must mention the exact ratios and numbers compared to support your choice. Memo #1: The company selected as the better short-term credit riskis: Provide explanation in the SUBMISSION BOX in Blackboard Memo #2: The company I selected as the better investment is: Provide explanation in the SUBMISSION BOX in Blackboard Do not attach a file. Focus E