The financial statements for Jones Corporation and Smith Corporation are shown below. (Use 365 days...
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The financial statements for Jones Corporation and Smith Corporation are shown below. (Use 365 days in a yeor. Round the answers in days to whole number and other final answers to 1 decimal places.) 'Includes $7.000 in lease payments Note: Jones Corporation has 75,000 shares outstanding "Includes $7,000 in lease payments: Note Jones Corporation has 75,000 shares outstanding "Includes $7,000 in lease payments Note Smith Corporation has 75,000 shares outstanding a-1. Compute all ratios n-2. To which company would you, as credit manager for a supplier, approve the extension of (short-term) trade credit? Short term trade credit approved for b. In which corporation would you buy shares? You would buy shares in
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