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.