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COMPANY X COMPANY Y NET REV 37296 107956 NET INCOME 1188 3526 A/R 19908 910 TOTAL CURRENT ASSET 29564 18672 TA 49472 19582 TOTAL CURRENT
COMPANY X | COMPANY Y | |
NET REV | 37296 | 107956 |
NET INCOME | 1188 | 3526 |
A/R | 19908 | 910 |
TOTAL CURRENT ASSET | 29564 | 18672 |
TA | 49472 | 19582 |
TOTAL CURRENT LIABILITIES | 15370 | 12708 |
TL | 32433 | 29494 |
TOTAL STOCKHOLDERS' EQUITY | 4500 | 14000 |
Footnote: approximately 98% of company Y's account receivable are from unpaid balances carried by customers using store credit card
-> Which company is better positioned to pay its bills in the short run. Justify using appropriate ratio
-> Is one company significantly more profitable than the other? Justify using appropriate ratio
-> Which company uses its assets better? Justify using appropriate ratio
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