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Use the following to answer question 18- 22 Fixed Assets Current Asset Current Liability Profit After Tax Long Term Debt Turnover Company X GHC415,000 GHC320,000

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Use the following to answer question 18- 22 Fixed Assets Current Asset Current Liability Profit After Tax Long Term Debt Turnover Company X GHC415,000 GHC320,000 GHC180,000 GHC25,000 GHC410,000 GHC750,000 GHC1,000,000 CompanyZ GHC600,000 GHC418,000 GHC200,000 GHC85,000 GHC500,000 . 18. Based on liquidity position alone, which of these two companies will you include in your portfolio? A. Company X B. Company Z C. Cannot be determined D. Neither X nor Z 19. Based on debt burden alone, which of these two companies will you include in your portfolio? A. Company X B. Company Z C. Cannot be determined D. Neither X nor Z 20. Based on profitability alone, which of these two companies will you include in your portfolio? A. Company X B. Company Z C. Cannot be determined D. Neither X nor Z

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