Basics of the question: Given the financial statements for Jones Corporation and

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Basics of the question: Given the financial statements for Jones Corporation and Smith Corporation: a. To which company would you, as credit manager for a supplier, approve the extension of (short-term) trade credit? Why? Compute all ratios before answering. b. In which one would you buy stock? Why?

Here is the excel link: http://www.google.com/url?sa=t&rct=j&q="given the financial statements for jones corporation and smith corporation:"&source=web&cd=1&cad=rja&ved=0CC0QFjAA&url=http://highered.mcgraw-hill.com/sites/dl/free/0073530727/866301/Chap003.xls&ei=DPSnUMieMYqi8gTnpoDIAw&usg=AFQjCNF01L9FKo38TcdsjYFgl1iTB5ckAA

Its problem 3-37

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