Comparative statement data for Omaz Company and Wise Company two
Comparative statement data for Omaz Company and Wise Company, two competitors, are presented below. All balance sheet data are as of December 31, 2014.



Instructions
(a) Compute the net income and earnings per share for each company for 2014.
(b) Comment on the relative liquidity of the companies by computing working capital and the current ratio for each company for 2014.
(c) Comment on the relative solvency of the companies by computing the debt to assets ratio and the free cash flow for each company for2014.
Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
    Tutors
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
OR
Relevant Tutors available to help