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Assume you are considering purchasing shares as an investment. You are to decide between Income Statement Data Net Sales (all on credit) COGS Income
Assume you are considering purchasing shares as an investment. You are to decide between Income Statement Data Net Sales (all on credit) COGS Income from Operations Interest Expenses Net Income Video Express 603,000 519,000 454,000 387,000 93,000 72,000 12,000 56,000 38,000 Selected Beginning of Year Data Video Express Current receivables, net 142,000 193,000 Inventories 209,000 197,000 Total Assets 842,000 909,000 Long-term debt 303,000 Preferred Shares (250 shares, $4 div) 25,000 Common Shares - 150,000 shares 150,000 Common shares - 20,000 shares 100,000 Total Shareholders Equity 263,000 215,000 Compute the following Ratios and provide your analysis on which is better and what it Ratio Quick Ratio Inventory Turnover Days Sales in Receivables Video Debt Ratio Times-Interest Earned Return on Equity Earnings per Share Price/Earnings Ratio Which company would you decide to invest in? Express Better Entity
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