Following are data from the statements of two companies selling similar products: Current Year-End Balance Sheets Sled Company $ 11,900 7,700 42,000 58.800 1,680 232,120 $354,200 Zip Company $ 20,000 3,200 64,000 Cash.......... Notes receivable-short-term Accounts receivable, net...... Inventory ..... Prepaid expenses. Plant and equipment, net. Total assets.. 3,520 274.400 $452,800 Current liabilities Mortgage payable........ Common stock, $10 par value.... Retained earnings ......... Total liabilities and stockholders' equity ........ $ 56,000 70,000 140,000 88,200 $354,200 $80,000 80,000 160,000 132,800 $452,800 Sales. Data from the Current Year's Income Statement $672,000 $880,000 Cost of goods sold... 528,080 699,840 Interest expense.... 4,2005 ,600 Net income.... ............................ 23,373 28,896 Beginning-of-Year Data Inventory ............................ 53,200 $ 85,120 Total assets....................................................... 345,800 443,200 Stockholders' equity 217,000 285,120 ********************** Stockholders equity *** * **** Required: 1. Calculate current ratios, acid-test ratios, inventory turnovers, and days' sales uncollected for the two companies. Then state which company you think is the better short-term credit risk and why Calculate return on total assets employed and return on stockholders' equity. Then, under the assumption that each company's stock can be purchased at book value, state which company's stock you think is the better investment and why