Footnote approximately 98 of company ys account receivable


  COMPANY X COMPANY Y
NET REV 37296 107956
NET INCOME 1188 3526
A/R 19908 910
TOTAL CURRENT ASSET 29564 18672
TA 49472 19582
TOTAL CURRENT LIABILITIES 15370 12708
TL 32433
29494
TOTAL STOCKHOLDERS' EQUITY 4500 14000

Footnote: approximately 98% of company Y's account receivable are from unpaid balances carried by customers using store credit card

-> Which company is better positioned to pay its bills in the short run. Justify using appropriate ratio

-> Is one company significantly more profitable than the other? Justify using appropriate ratio

-> Which company uses its assets better? Justify using appropriate ratio

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Management Theories: Footnote approximately 98 of company ys account receivable
Reference No:- TGS01147044

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