Your friend has $5000 to invest in the stockmarket and is deciding between investments in Bamboo Ltd
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Your friend has $5000 to invest in the stockmarket and is deciding between investments in Bamboo Ltd or Panda Ltd. In the most recent reporting period, Panda Ltd made a profit after tax of $1500000, compared to Bamboo Ltd’s after-tax profit of $750000. On this basis, your friend believes Panda Ltd is the superior investment. Discuss your friend’s investment choice. In doing so, suggest other financial data that should be considered. Identify the non-financial data that may also be of interest to inform your friend’s investment decision.
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Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730369325
7th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond
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