Question
Big Feet and Athletes R Us are two athletic footwear chains. Big Feet's current-year balance sheet shows current assets of $2,606 and current liabilities of
Big Feet and Athletes R Us are two athletic footwear chains. Big Feet's current-year balance sheet shows current assets of $2,606 and current liabilities of $700. Its prior year balance sheet shows current assets of $2,456 and current liabilities of $696. Athletes R Us' current-year balance sheet shows current assets of $521 and current liabilities of $221. Its prior year balance sheet shows current assets of $531 and current liabilities of $191. If you were a supplier to these two companies, in which company would you feel most confident about receiving payment? Explain your reasoning.
Answer:
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