You're anxious to start investing in the stock market. You decide to buy stocks in companies that you are personally interested in. You need to choose between your favorite shoe company, SweetFeet, and your favorite sport drink company, SportsAde. Upon looking at the balance sheet for each company, you see that Sports Ade's assets total $3.5 million, and their liabilities equal $500,000. SweetFeet's assets are only $2 million, and their liabilities equal $1.8 million. However, you know from your business classes that you should also look at the income statements for each company. Upon looking at the income statements for both companies, you find that Sports Ade's revenues are less than their expenses, and the company has a loss of $2 million. SweetFeet's revenues are $2.9 million, and their expenses are only $1.2 million, giving them a profit of $1.7 million. Looking back at previous income statements show similar trends for each company. Which company do you choose to invest in and why? a. Sports Ade because the balance sheet shows that their assets are higher than SweetFeet's assets. b. SweetFeet because the income statement shows that they have a higher profit. OC. Sports Ade because analyzing both the balance sheet and income statement show that they have a healthier financial position than SweetFeet. O d. SweetFeet because analyzing both the balance sheet and income statement show that they have a healthier financial position than Sports Ade. Oe. Sports Ade because SweetFeet is continually losing money. You're anxious to start investing in the stock market. You decide to buy stocks in companies that you are personally interested in. You need to choose between your favorite shoe company, SweetFeet, and your favorite sport drink company, SportsAde. Upon looking at the balance sheet for each company, you see that Sports Ade's assets total $3.5 million, and their liabilities equal $500,000. SweetFeet's assets are only $2 million, and their liabilities equal $1.8 million. However, you know from your business classes that you should also look at the income statements for each company. Upon looking at the income statements for both companies, you find that Sports Ade's revenues are less than their expenses, and the company has a loss of $2 million. SweetFeet's revenues are $2.9 million, and their expenses are only $1.2 million, giving them a profit of $1.7 million. Looking back at previous income statements show similar trends for each company. Which company do you choose to invest in and why? a. Sports Ade because the balance sheet shows that their assets are higher than SweetFeet's assets. b. SweetFeet because the income statement shows that they have a higher profit. OC. Sports Ade because analyzing both the balance sheet and income statement show that they have a healthier financial position than SweetFeet. O d. SweetFeet because analyzing both the balance sheet and income statement show that they have a healthier financial position than Sports Ade. Oe. Sports Ade because SweetFeet is continually losing money