Compute all ratios before answering

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Reference no: EM13108896

Q. Given the financial statements for Jones Corporation and Smith Corporation:

a. To which industry would you, as credit manager for a supplier, approve the extension of (short-term) trade credit? Explain why? Compute all ratios before answering.

b. In which one would you buy stock? Explain why?

Reference no: EM13108896

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