Your boss has given you last year's income statements of two businesses and asked you to recommend
Question:
Your boss has given you last year's income statements of two businesses and asked you to recommend one in which your business should invest. The income statements include the following information (in thousands).
Required:
a Based on this information alone, which business would be the better investment choice? Explain your answer.
b What other information would you like to have in order to make a more informed decision? How would this information help you recommend the one in which you think your business should invest?
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Related Book For
Accounting Information For Business Decisions
ISBN: 9780170253703
2nd Edition
Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh, Geoff Slaughter, Sharelle Simmons
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