Question: Someone complete this table plz Chapter 18 - Assignment Financial Statement Analysis The following are financial statements for two companies selling similar products Data from

 Someone complete this table plz Chapter 18 - Assignment Financial StatementSomeone complete this table plz
Analysis The following are financial statements for two companies selling similar products

Chapter 18 - Assignment Financial Statement Analysis The following are financial statements for two companies selling similar products Data from the Current Year End Balance Sheets Skull Bones Company Company Cash Notes receivable Accounts receivable, net Merchandise inventory Prepaid expenses Plant and equipment, net Total Assets $11,900 7,700 42,000 58,800 1,680 232,120 354,200 $20,000 3,200 64,000 87,680 3,520 274,400 $452,800 Current liabilities Mortgage payable Common stock Retained earnings Total liabilities and shareholders' equity $56,000 70,000 140,000 88,200 $354,200 80,000 80,000 160,000 $452,800 Data from the Current Year's Income Statement Sales Cost of Goods sold Interest expense Income tax expense Net Income $672,000 528,080 4,200 9,875 $ 23.373 $880,000 699,840 5,600 10,095 Required: 1. Calculate and complete the following table. For the comment identify with an "F" the company that has the most favorable ratio and explain why. Note: Just saying it is larger is not enough

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