A Balance Sheet describes the financial position of a company at a point in time....
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A Balance Sheet describes the financial position of a company at a point in time. Ratio analysis allows us to compare two very different companies on a common basis, Insurance Company Skilled Nursing Facility $ 3,945 Current Assets $ 609 $ 4,424 Long Term Assets $ --- $ 1,500 Fixed Assets $ 1,894 $ 9,869 Total Assets $ 2,503 $ 3,456 Current Liabilities $ 445 $ 4,295 Long Term Liabilities $ 1,700 $ 7,751 Total Liabilities $ 2,145 Liabilities + Equity $ 9.869 $ 2,503 Which of these is the stronger company and why? Cite at least 3 financial ratios to justify your answer. Your points are based on your choice of ratios, the calculation the ratios and your analysis based on the ratios. Edit View Insert Format Tools Table
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