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I forgot to upload it sorry. 1. Following financial information is related to Glow Corporation and Blue Corporation: Glow Corporation Blue Corporation 2001 2000 2001
I forgot to upload it sorry.
1. Following financial information is related to Glow Corporation and Blue Corporation: Glow Corporation Blue Corporation 2001 2000 2001 2000 Current ratios 1.16 95 2.25 2.17 Working capital $11 ($2) $30 $28 A/R turnover 31.7 times 45 times 30 times 30 times Inventory Tumover Asset tumover Total debt to total assets Sh. Equity to total assets Gross margin ratio Return on sales Return on assets Return on equity 16.6 times 2.4 times 86.9% 13.1% 30% 10% 24.5% 186.3% 22.5 times 3.2 times 81.7% 18.3% 33% 11.9% 38.5% 210.5% 15 times 3.6 times 14.2% 85.8% 25% 10% 35.5% 41.4$ 15 times 3.8 times 15.4% 84.6% 25% 10% 38.5% 45.5% Required: Conduct financial analyses of the two companies on the basis of above data and deduct which is performing better and why? (20 Marks)Step by Step Solution
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