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Please help me calculate the following ratios for both companies (Digitized and Zone Network) Thank you so much!! Digitized Zone Network EA 29,200 $ 42,000
Please help me calculate the following ratios for both companies (Digitized and Zone Network)
Thank you so much!!
Digitized Zone Network EA 29,200 $ 42,000 $ 38,000 $ 67,000 $ 2,000 $ 20,000 18,000 43,000 100,000 3,000 $ $ $ Current assets: Cash Short-term investments Current receivables, net . $ Inventories Prepaid expenses Total current assets Total assets... . $ Total current liabilities. Total liabilities $ Common stock: $1 par, (10,000 shares) Common stock: $1 par, (15,000 shares) Total stockholders' equity........ Market price per share of common stock $ 178,200 $ 300,000 $ 105,000 $ 105,000 $ 10,000 $ 184,000 328,000 100,000 131,200 $ $ 15,000 $ 195,000 $ 196,800 86.40 80.00 $ $ EA Digitized Zone Network Current receivables, net. $ 42,000 $ 47,000 Inventories 83,000 $ 88,000 Total assets .... $ 260,000 $ 278,000 Common stock: $1 par, (10,000 shares).. $ 10,000 Common stock: $1 par, (15,000 shares).. $ 15,000 Compute the following ratios for both companies for the current year and decide which company's stock better fits your investment strategy. Assume all sales are on credit a. Acid-test ratio b. Inventory turnover c. Days' sales in average receivables d. Debt ratio e. Gross profit percentage f. Earnings per share of common stock g. Price/earnings ratioStep by Step Solution
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