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Solerted finanrial data for twon intence romnotitnrc in a rorent voar follnwe lamnu intc in million Statement of financial position data: End-of-year balances: Current assets
Solerted finanrial data for twon intence romnotitnrc in a rorent voar follnwe lamnu intc in million Statement of financial position data: End-of-year balances: Current assets Property, plant, and equipment (net) Other assets Total assets Current liabilities Long-term debt Total shareholders' equity Total liabilities and shareholders' equity Beginning-of-year balances: Total assets Total shareholders' equity $1,020 $1,620 1,865 720 $3,605 \begin{tabular}{rrr} \hline$575 & & $830 \\ 2,220 & 3,130 \\ 810 & & 1,620 \\ \hline & & $5,580 \\ \hline \end{tabular} 2,940 1,020 \begin{tabular}{rrr} \hline$3,605 & & $5,580 \\ & & $830 \\ 2,220 & & 3,130 \\ 810 & & 1,620 \\ \hline \hline 3,605 & & $5,580 \\ \hline \end{tabular} (b) Compare the financial position and performance of the two companies, and comment on their relative strengths and weaknesses. Solerted finanrial data for twon intence romnotitnrc in a rorent voar follnwe lamnu intc in million Statement of financial position data: End-of-year balances: Current assets Property, plant, and equipment (net) Other assets Total assets Current liabilities Long-term debt Total shareholders' equity Total liabilities and shareholders' equity Beginning-of-year balances: Total assets Total shareholders' equity $1,020 $1,620 1,865 720 $3,605 \begin{tabular}{rrr} \hline$575 & & $830 \\ 2,220 & 3,130 \\ 810 & & 1,620 \\ \hline & & $5,580 \\ \hline \end{tabular} 2,940 1,020 \begin{tabular}{rrr} \hline$3,605 & & $5,580 \\ & & $830 \\ 2,220 & & 3,130 \\ 810 & & 1,620 \\ \hline \hline 3,605 & & $5,580 \\ \hline \end{tabular} (b) Compare the financial position and performance of the two companies, and comment on their relative strengths and weaknesses
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