Comparisons of income

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-Comparisons of income can be very difficult for two companies even though they sell the same products in equal volume. Why? Explain thoroughly.

-Look up the balance sheets and income statements (use the most recent fiscal year) of two companies that you are interested in. Calculate the debt-to-equity ratio, current ratio, net profit margin, and return on equity of both firms. Compare the firms and the results. Which seems to be in a better financial position? Why?

Reference no: EM132643796

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