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Evaluate and compare the two companies by responding to the following questions. Note: Because comparative statements are not provided, you should use year-end balances in
Evaluate and compare the two companies by responding to the following questions. Note: Because comparative statements are not provided, you should use year-end balances in place of average balances as appropriate. Required: 1. For both companies, compute the ratios below. 2. Evaluate and compare the two companies. For both companies, compute the ratios below. Note: Consider 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places. Presented below are condensed financial statements adapted from those of two actual companies competing as the primary players in a specialty area of the food manufacturing and distribution industry (\$ in millions, except per share amounts)
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