Sus question: Below is selboted financial information from the...
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Sus question: Below is selboted financial information from the financial statements of company y B both company A and company B started their business on Company A Company B current assets on 12/31/2017 fined assts on 1231/2017 tocal assets on 1231/2017 current liabilty on 12/31/2017 tocal lisbility on 12/31/2017 $1,000 8,000 10,000 11,000 20,000 28,000 4,000 sales revenue on 12/31/2017 4,000 4,500 Cust of gonds sold for year 2017 1,000 16,000 interest expense for year 2017 net income for year 2017 400 1.500 2,500 a) Which company provides better return on assets? (return on assets - net income/average total assets) b) Which company has less liquidity risk in terms of current ratio? current assets/current liabilities) (current ratio
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