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Which of the Following Is True

Question 42

Multiple Choice

Which of the following is true?


A) Comparing both the income statements and the balance sheets shows that SportsAde is the better choice to invest money in.
B) Based on the income statements, SportsAde is in a better financial position and you should purchase its stock.
C) Based on the balance sheets, SweetFeet is in a better financial position and you should purchase its stock.
D) It is necessary to compare both the income statement and the balance sheet to get an accurate picture of the financial health of each company.

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