Question
Here are the financial statements for two companies; All data is in $ and correct units except where specified(*). XYZ Income Statement ABC Income Statement
Here are the financial statements for two companies;
All data is in $ and correct units except where specified(*).
XYZ Income Statement ABC Income Statement
Sales Revenue 344, 000 768,900
Cost of Goods Sold 100,000 199,000
Expenses 203,000 400,000
Net Income 41,000 169,000
Dividends(total) 13,000 28,000
*# Shares Outstanding 28,000 97,000
XYZ Balance Sheet ABC Balance Sheet
Assets
Accounts Receivable 88,000 368,000
Inventory 48,000 121,000
Total Current Assets 438,000 1,213,900
Long Term Assets 1,345,000 3,780,000
Total Assets 1,783,000 4,993,900
Liabilities
Current Liabilities 12,400 47,000
Long Term Debt 795,000 2,550,000
Total Debt 807,400 2,597,000
Owners Equity 975,600 2,396,900
Compute the following ratios for each company:
Profit Margin
ROA
ROE
Receivables T/O
Inventory T/O
Total Asset T/O
Current ratio
Quick ratio
Debt/Total assets
EPS
Analyze and compare the financial performance of the two companies.
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