[The following isformabon applies ro the questions disploycd beiow] Summary information from the financial statements of wo comganies competing in the same industry folows Required: 16. For both companies compute the (d) cuitent tatio, (th) acid iest rato, id accounts recetvable turnover. (c) imventoty tumovec id days sales in inventory, and (6 days' sales uncollected Netec Do not round intermedinte colculetions. 16. Identdy the comoanv vou consider to be the beiter short teirn credit nik Summary information from the financial statements of two companies competing in the same industry follows. 2.0. For both companes compute the (A) profit maroin ratio, (B) total astet turnovec, ( retum on total assets, and ( ( ) return on common stocldoiders' equity. Assumang that each company's stock can be purchased at $80 per share, compute their (e) phice earnings ratios and (f) dividend yields Note: Do not round intermedinte coleviations. Round yout anewers to 2 decimal ploces. 2b. Identify which company's stock you would iecomnend as the better investment [The following isformabon applies ro the questions disploycd beiow] Summary information from the financial statements of wo comganies competing in the same industry folows Required: 16. For both companies compute the (d) cuitent tatio, (th) acid iest rato, id accounts recetvable turnover. (c) imventoty tumovec id days sales in inventory, and (6 days' sales uncollected Netec Do not round intermedinte colculetions. 16. Identdy the comoanv vou consider to be the beiter short teirn credit nik Summary information from the financial statements of two companies competing in the same industry follows. 2.0. For both companes compute the (A) profit maroin ratio, (B) total astet turnovec, ( retum on total assets, and ( ( ) return on common stocldoiders' equity. Assumang that each company's stock can be purchased at $80 per share, compute their (e) phice earnings ratios and (f) dividend yields Note: Do not round intermedinte coleviations. Round yout anewers to 2 decimal ploces. 2b. Identify which company's stock you would iecomnend as the better investment