Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Compare the two companies and declare which of the two company will be:
a. Profitable
b. Ideal for investment
c. Good for short term investment
d. Good for long term investment
Transcribed Image Text:. Data for llang-llang Trading Company are given below:
2014
2015
Current Assets
192,375
265,500
Property, Plant, and Equipment 937,508
967,500
Other Assets
152,618
159,750
Total Assets
1,282,500
1,392,750
Liabilities
Total Current Liabilities
220,590
225,450
Long term Debt
491,198
460,250
Owner's Capital
570,713
706,950
1,282,500
1,392,750
Transcribed Image Text:1. Data for Abakada Trading Company are given below:
2014
2015
Revenue
1,939,500
1,674,675
Cost of Goods Sold
900,000
843,975
Gross Profit
1,039,500
830,700
Selling and General Expenses
445,500
409,725
Other Expenses
37,575
30,825
Net Income
556,425
390,150
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