If you had $1,000 to invest, which company would you invest it in and why? Your answer should be a detailed explanation that includes justification based on the financial analysis gathered.

Income Statements Archer Inc. Sales 250,000 Less: Returns and Allowances 1,500 Net Sales 248,500 Beginning Inventory 8,250 Net Purchases 161,625 Ending Inventory 15,000 Total Cost of Goods Sold 154,875 Gross Profit 93,625 Selling Expenses 45,000 Administrative Expenses 25,000 Income Before Taxes 23,625 9,450 Income Tax Expense Net Income 14,175 Batios Archer Inc. 2.45 Current Ratio Working capital 58000.00 Quick ratio 2.08 Inventory turnover 10.33 Average days to sell inventory | 35.35 days Debt ratio 0.43 Equity ratio 0.57 Profit margin 0.06 Return on assets 0.11 1.94 0.19 Asset turnover Return on equity Book value per share Earnings per share Price-earnings ratio 14.60 2.84 0.71 Bagside Inc. Citywide Ltd. 1,500,000 6,000,000 5,000 75,000 1,495,000 5,925,000 80,550 610,000 1,108,050 4,220,000 135,000 575,000 1,053,600 4,255,000 441,400 1,670,000 198,000 630,000 45,000 340,000 198,400 700,000 79,360 280,000 119,040 420,000 Bayside Inc. 2.00 Citywide Ltd. 2.05 200000.00 1230000.00 1.33 1.56 7.80 7.40 46.77 days 49.32 days 0.55 0.49 0.45 0.51 0.08 0.07 0.15 0.14 1.90 2.04 0.34 0.28 35.10 19.73 11.90 5.60 0.84 0.98 Balance Sheets Archer Inc. 55,000 28,000 15,000 0 98,000 35,000 5,000 30,000 0 0 0 128,000 35,000 5,000 40,000 15,000 15,000 55,000 10,000 48,825 14,175 73,000 128,000 5,000 2.00 Assets Current Assets Cash Net Accounts Receivable Net Inventory Short-term Investment Total Current Assets Fixed Assets Fixed Assets Accumulated Amortization Net Fixed Assets Intangible Assets Goodwill Accumulated Amortization Net Goodwil Total Assets Liabilities and Shareholders' Equity Current Liabilities Accounts Payable Accruals Total Current Liabilities Long-Term Liabilities Loan Payable Total Long-Term Liabilities Total Liabilities Shareholders' Equity Beginning Balance Prior Retained Earnings Net Income Ending Balance Total Liabilities and Shareholders' Equity # of Shares Outstanding Price per Share $ Bagside Inc. $ Citywide Ltd. 1,000,000 630,000 575,000 200,000 2,405,000 300,000 50,000 250,000 350,000 100,000 250,000 2,905,000 1,100,000 75,000 1,175,000 250,000 250,000 1,425,000 412,500 647,500 420,000 1,480,000 2,905,000 75,000 5.50 155,000 105,000 135,000 5,000 400,000 370,000 45,000 325,000 70,000 10,000 60,000 785,000 170,000 30,000 200,000 234,000 234,000 434,000 100,000 131,960 119,040 351,000 785,000 10,000 10.00 $ Income Statements Archer Inc. Sales 250,000 Less: Returns and Allowances 1,500 Net Sales 248,500 Beginning Inventory 8,250 Net Purchases 161,625 Ending Inventory 15,000 Total Cost of Goods Sold 154,875 Gross Profit 93,625 Selling Expenses 45,000 Administrative Expenses 25,000 Income Before Taxes 23,625 9,450 Income Tax Expense Net Income 14,175 Batios Archer Inc. 2.45 Current Ratio Working capital 58000.00 Quick ratio 2.08 Inventory turnover 10.33 Average days to sell inventory | 35.35 days Debt ratio 0.43 Equity ratio 0.57 Profit margin 0.06 Return on assets 0.11 1.94 0.19 Asset turnover Return on equity Book value per share Earnings per share Price-earnings ratio 14.60 2.84 0.71 Bagside Inc. Citywide Ltd. 1,500,000 6,000,000 5,000 75,000 1,495,000 5,925,000 80,550 610,000 1,108,050 4,220,000 135,000 575,000 1,053,600 4,255,000 441,400 1,670,000 198,000 630,000 45,000 340,000 198,400 700,000 79,360 280,000 119,040 420,000 Bayside Inc. 2.00 Citywide Ltd. 2.05 200000.00 1230000.00 1.33 1.56 7.80 7.40 46.77 days 49.32 days 0.55 0.49 0.45 0.51 0.08 0.07 0.15 0.14 1.90 2.04 0.34 0.28 35.10 19.73 11.90 5.60 0.84 0.98 Balance Sheets Archer Inc. 55,000 28,000 15,000 0 98,000 35,000 5,000 30,000 0 0 0 128,000 35,000 5,000 40,000 15,000 15,000 55,000 10,000 48,825 14,175 73,000 128,000 5,000 2.00 Assets Current Assets Cash Net Accounts Receivable Net Inventory Short-term Investment Total Current Assets Fixed Assets Fixed Assets Accumulated Amortization Net Fixed Assets Intangible Assets Goodwill Accumulated Amortization Net Goodwil Total Assets Liabilities and Shareholders' Equity Current Liabilities Accounts Payable Accruals Total Current Liabilities Long-Term Liabilities Loan Payable Total Long-Term Liabilities Total Liabilities Shareholders' Equity Beginning Balance Prior Retained Earnings Net Income Ending Balance Total Liabilities and Shareholders' Equity # of Shares Outstanding Price per Share $ Bagside Inc. $ Citywide Ltd. 1,000,000 630,000 575,000 200,000 2,405,000 300,000 50,000 250,000 350,000 100,000 250,000 2,905,000 1,100,000 75,000 1,175,000 250,000 250,000 1,425,000 412,500 647,500 420,000 1,480,000 2,905,000 75,000 5.50 155,000 105,000 135,000 5,000 400,000 370,000 45,000 325,000 70,000 10,000 60,000 785,000 170,000 30,000 200,000 234,000 234,000 434,000 100,000 131,960 119,040 351,000 785,000 10,000 10.00 $