Homework Answers
Solution -
1. Amanda company appears to be the strongest company after giving the data given companies and all are generating identical dollar 15000 increasing cash because as per operating activities they are generating the more net income from sales of operations and current statements and also they have invested in the non current assets as compared to the other company which have not invested and also they have no such good operating activity. Amanda company also repaid their debt which make them strongest among all.
2. Casey company appears to be the weakest company because they have used more cash in operating activities and they have sold the plant assets and raising the money through issuance of debt and all these are not good for the operations of a company. Amanda and Sarah company using their cash more carefully as compared to the Casey company.
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Problem 4 Look at the data from three different companies for the last year. The companies...
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