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Presented below are condensed financial statements adapted from those of two actual companies competing as the primary players in a specialty area of the food
Presented below are condensed financial statements adapted from those of two actual companies competing as the primary players in a specialty area of the food manufacturing and distribution industry ( $ in millions, except per share amounts). Note: Because comparative statements are not provided, you should use year-end balances in place of average balances as appropriate. Required: 1. For both companies, compute the ratios below. 2. Evaluate and compare the two companies. Complete this question by entering your answers in the tabs below. For both companies, compute the ratios below. Note: Consider 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places. Required: 1. For both companies, compute the ratios below. 2. Evaluate and compare the two companies. Complete this question by entering your answers in the tabs below. Evaluate and compare the two companies
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