Question: Please use the following information to answer the next question: For BB Incorporated: Cash Flows from Assets -------------------------------------------------------------------- 100 dollars EBIT (from 1999 INCOME STATEMENT)
Please use the following information to answer the next question:
For BB Incorporated:
Cash Flows from Assets -------------------------------------------------------------------- 100 dollars EBIT (from 1999 INCOME STATEMENT) -------------------------------------------0 dollars Depreciation Expense (from 1999 INCOME STATEMENT) ---------------------- 0 dollars Taxes (from 1999 INCOME STATEMENT) ------------------------------------------ 0 Net Fixed Assets from BALANCE SHEET dated December 31, 1998-------------1400 dollars Net Fixed Assets from BALANCE SHEET dated December 31, 1999------------ 1300 dollars Additions to (Changes in) NWC for 1999 ---------------------------------------------- 0 dollars
For KK Incorporated:
Cash Flows from Assets ---------------------------------------------------------------------0 dollars EBIT (from 1999 INCOME STATEMENT) -------------------------------------------500 dollars Depreciation Expense (from 1999 INCOME STATEMENT) ----------------------100 dollars Taxes (from 1999 INCOME STATEMENT) ------------------------------------------100 Net Fixed Assets from BALANCE SHEET dated December 31, 1998------------1400 dollars Net Fixed Assets from BALANCE SHEET dated December 31, 1999------------1800 dollars Additions to (Changes in) NWC for 1999 ----------------------------------------------0 dollars
For LL Incorporated:
Cash Flows from Assets --------------------------------------------------------------------100 dollars EBIT (from 1999 INCOME STATEMENT) -------------------------------------------0 dollars Depreciation Expense (from 1999 INCOME STATEMENT) ----------------------100 dollars Taxes (from 1999 INCOME STATEMENT) -------------------------------------------0 Net Fixed Assets from BALANCE SHEET dated December 31, 1998-------------1400 dollars Net Fixed Assets from BALANCE SHEET dated December 31, 1999-------------1300 dollars Additions to (Changes in) NWC for 1999 -----------------------------------------------0 dollars
*Based only on the numbers provided, which Company is doing the BEST? *In other words, if you were an individual investor, in which Company would you invest?
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