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Looking Back at Previous Income Statements Shows Similar Trends for Each

Question 66

Multiple Choice

Looking back at previous income statements shows similar trends for each company. Which company do you choose to invest in and why?


A) SweetFeet, because analyzing both the balance sheet and income statement show that it has a healthier financial position than SportsAde.
B) SportsAde, because the balance sheet shows that its assets are higher than SweetFeet's assets.
C) SweetFeet, because the income statement shows that it has a higher profit than SportsAde.
D) SportsAde, because analyzing both the balance sheet and income statement show that it has a healthier financial position than SweetFeet.

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