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( LO 3 - 2 ) Given the financial statements for Jones Corporation and Smith Corporation shown here, Z a . To which one would

(

3 - 2)

Given the financial statements for Jones Corporation and Smith Corporation shown here,

Z

.

To which one would you, as credit manager for a supplier, approve the extension of

(

short

-

term

)

trade credit? Why? Compute all

ratios before answering.

.

In which one would you buy stock? Why?

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