Income Statements					Balance Sheets
	Fashion Forward		Dream Designs			Fashion Forward	Fashion Forward		Dream Designs	Dream Designs
	12/31/18		12/31/18			12/31/18	12/31/17		12/31/18	12/31/17
Revenue					Current Assets
Credit Sales	2,000,000		4,320,000		Cash and Cash Equivalents	950,000	980,000		1,710,000	1,705,000
Non-Credit Sales	500,000		1,080,000		Accounts Receivable	200,000	150,000		250,000	275,000
Total Revenue	2,500,000		5,400,000		Inventory	112,000	105,000		200,000	215,000
					Other Current Assets	35,000	50,000		120,500	100,000
Cost of Sales	1,400,000		3,250,000		Total Current Assets	1,297,000	1,285,000		2,280,500	2,295,000
Gross Profit	1,100,000		2,150,000		Property, Plant and Equipment	635,000	700,000		850,000	900,000
					Goodwill	750,000	750,000		1,150,000	1,150,000
Operating Expenses					Other Long-Term Assets	65,000	70,000		100,750	105,000
Research and Development	50,000		200,000		Total Assets	2,747,000	2,805,000		4,381,250	4,450,000
Selling, General, and Administrative	750,000		1,600,000
Total Operating Expenses	800,000		1,800,000		Current Liabilities
					Accounts Payable	545,000	535,000		845,750	875,000
Earnings Before Interest and Taxes	300,000		350,000		Short-Term Debt	25,000	-		50,000	60,000
					Other Current Liabilities	600,000	510,000		730,000	740,000
Interest Expense	(18,000)		(50,000)		Total Current Liabilities	1,170,000	1,045,000		1,625,750	1,675,000
Income Before Tax	282,000		300,000		Long-Term Debt	75,000	-		120,500	130,000
Income Tax Expense	(145,500)		(87,500)		Other Long-Term Liabilities	100,000	75,000		155,000	165,000
Net Income	136,500		212,500		Total Liabilities	1,345,000	1,120,000		1,901,250	1,970,000
					Stockholders Equity
					Common Stock	500,000	775,000		749,500	942,750
					Preferred Stock	150,000	294,500		390,000	409,250
					Retained Earnings	752,000	615,500		1,340,500	1,128,000
					Total Stockholders Equity	1,402,000	1,685,000		2,480,000	2,480,000
					Total Liabilities and Stockholders Equity	2,747,000	2,805,000		4,381,250	4,450,000
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You work in the mergers and acquisitions department of a large conglomerate who is looking to invest in a retail business. Two companies, Fashion Forward and Dream Designs, are the final two options being considered. Compute the following ratios for each company: Profit Margin Ratio Return on Assets Current Ratio Quick Ratio AR Turnover Ratio Average Collection Period Inventory Turnover Ratio Average Sales Period Debt to Equity Ratio need to Compute all required amounts and explain how the computations were performed Compare and contrast the companies. Based on your analysis: recommend which company the organization should pursue