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Question 2 (30 marks) Assume the following data for Interactive Technology and Silicon Softwear: Net Income Total Sales (80% are on account) Average A/R Balance

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Question 2 (30 marks) Assume the following data for Interactive Technology and Silicon Softwear: Net Income Total Sales (80% are on account) Average A/R Balance Total debt Shareholders' equity Interactive Silicon Softwear Technology (IT) (SS) $ 33,000 $ 58,000 $ 187,000 $ 1,036,000 $ 30,000 $ 242,000 $ 60,000 $ 296,000 $ 112,000 $ 165,000 Required a) Calculate the following ratios for each company: Receivables Turnover Return on shareholders' equity Debt to total assets b) For each of the ratios above, indicate which company has the better result

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