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You have been appointed as a financial analyst for a large Investment Company. As part of your first mandate you are required to analyze two

You have been appointed as a financial analyst for a large Investment Company. As part of your first mandate you are required to analyze two companies . Both companies are very similar with identical cost structures and very similar business practices operating in the same lines of business. ABC Inc. and XYZ Inc. are both public companies based in Canada and follow IFRS. The following are the condensed income statements for both companies:
\table[[,ABC Inc.,XYZ Inc.],[Sales:,$1,000,000,$2,000,000
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