Please use the following information to answer the next question.

For JJ 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 CC 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 JO 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?

Answer rating: 100% (QA)

Based only on the numbers provided above CC Incorporated is doing t... View the full answer