What company is better in short term investment?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
What company is better in short term investment?

Transcribed Image Text:Income Statement Data for 2020
Net Sales
Cost of Goods Sold
Selling and administrative expense
Interest expense
Other Income (Expense)
Income Tax Expense
Net Income
Balance Sheets Data (End of 2020)
Current Assets
NonCurrent Assets
Total Assets
Current Liabilities
Long-term Debt
Total stockholders' Equity
Total Liabilities and stockholders' Equity
Beginning-of-2020 Balances
Total Assets
Total stockholders' Equity
Current Liabilities
Total Liabilities
Other Data
Average Net Accounts Receivable
Average Inventory.
C
Al Othaim
$61,750
39,900
12,950
548
-68
1,198
$3,245
$20,245
26,200
$41,850
$11,245
17,400
15,450
$41,500
$43,850
13,240
10,300
28,750
$8,100
8,020
Panda, Inc.
$362,000
27,680
69,785
1,745
-362
6,623
$13,580
$48,750
124,750
$159,750
$50,450
40,780
71,450
$169,750
$161,250
62,480
52,640
94,500
$4,120
32,500

Transcribed Image Text:Other Data
Average Net Accounts Receivable
Average Inventory
Net Cash Provided by Operating Activities
Capital Expenditures
Dividends
$8,100
8,020
4,900
1,452
495
$4,120
32,500
25,900
10,750
3,850
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