Analyze carefully

If you were an investor considering the purchase of a dry-cleaning or laundry business and you were offered a choice of the following three recently organized firms, which would you consider buying? You are to assume the existing liabilities. P Assets Cash Accounts Receivable Store Equipment Office Equipment SUPER DRY-CLEANERS Balance Sheet December 31, 2015 Liabilities & Owner's Equity 15,000 Accounts Payable P 25,000 60,000 Notes Payable (due in 120 days) 50,000 35,000 Eliseo Samson, Capital 75,000 40,000 150.000 P 150.000 P P Assets Cash Accounts Receivable Store Equipment Office Equipment ELEGANT LAUNDRY Balance Sheet December 31, 2015 Liabilities & Owner's Equity 6,000 Accounts Payable P 20,000 14,000 Notes Payable (due in 120 days) 5.000 15,000 Eliseo Samson, Capital 45.000 5000 70.000 P 70.000 P P Assets Cash Accounts Receivable Store Equipment Office Equipment SOCIETY CLEANERS Balance Sheet December 31, 2015 Liabilities & Owner's Equity 8,000 Accounts Payable P 72,000 16,000 Notes Payable (due in 120 days) 100,000 60,000 Eliseo Samson, Capital 32.000 120.000 204.000 P 200.000 P