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Question 3: The following shows financial data from two competitors, Alexa and Bliss Alexa Bliss Cash $ 1,000 $ 7,000 Accounts Receivable $ 9,000 $
Question 3: The following shows financial data from two competitors, Alexa and Bliss Alexa Bliss Cash $ 1,000 $ 7,000 Accounts Receivable $ 9,000 $ 4,000 Inventory $ 20,000 $ 11,000 Non-Current Assets $ 110,000 $ 118,000 Current Liabilities $ 15,000 $ 16,000 Non-Current Liabilities $ 85,000 $ 44,000 Shareholder Equity $ 40,000 $ 80,000 Net Income $ 9,000 $ 11,000 Average number of Common Shares 900 5500 Market Share Price $ 80 $ 24 Instructions: Calculate working capital, current ratio, debt to total assets, Earnings per share (EPS) and P/E ratio. Which company has better overall ratio and why? (2 to 3 sentences)
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