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  3. the financhal statements for armstrong and blair c

The financhal statements for Armstrong and Blair companies for the current year are summarired below:...

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The financhal statements for Armstrong and Blair companies for the current year are summarired below: Selected data from the finandal statements for the previous yeat follows The companies are in the same line of business and are direct compettors in a large metropolitan atea, Both havo been in busine approxinately ten yeats, and each has had steady growth. The management of each has a dilferent viewpoint in many respects, B Company is more conservative, and as its president said, "We avoid what we consider to be undue risk." Neither company is publi The financhal statements for Armstrong and Blair companies for the current year are summarired below: Selected data from the finandal statements for the previous yeat follows The companies are in the same line of business and are direct compettors in a large metropolitan atea, Both havo been in busine approxinately ten yeats, and each has had steady growth. The management of each has a dilferent viewpoint in many respects, B Company is more conservative, and as its president said, "We avoid what we consider to be undue risk." Neither company is publi

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