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The financial statements for Jones Corporation and Smith Corporation are shown below. (Use 365 days...

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Finance

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The financial statements for Jones Corporation and Smith Corporation are shown below. (Use 365 days in a yeor. Round the o in days to whole number and other final answers to 1 decimal places.) "Includes $7,000 in lease payments. Note: Jones Corporation has 75,000 shares outstanding. "Includes $7.000 in lease payments. Note: Jones Corporation has 75,000 shares outstanding. - Includes $7,000 in lease payments: Note: Smith Corporation has 75,000 shares outstanding. a-1. Compute all ratios. "Includes $7.000 in lease payments. Note: Smith Corporation has 75,000 shares outstanding. a-1. Compute all ratios. a-2. To which company would you, as credit manager for a suppller, approve the extension of (short-term) trade credit? Short-term trade credit approved for b. In which corporation would you buy shares

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