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  3. assume that you are purchasing an investment and h

Assume that you are purchasing an investment and have decided to invest in a company...

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Accounting

Assume that you are purchasing an investment and have decided to invest in a company in the smartphone business. You have narrowed the choice to Singular Electronics or Every Zone Electronics and have assembled the following data. Selected income statement data for the current year follows:
Selected balance sheet and market-price data at the end of the current year follow:
(Click to view the market price data.)
d. Debt ratio
e. Gross profit percentage
f. Earnings per share of common stock
Singular
Every Zone
Every Zone
Singular
image

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