Looking Back at Previous Income Statements Shows Similar Trends for Each

question 66

Multiple Choice

Looking back at previous income statements shows similar trends for each company. Which company do you choose to invest in and why?

• A) SweetFeet, because analyzing both the balance sheet and income statement show that it has a healthier financial position than SportsAde.
• B) SportsAde, because the balance sheet shows that its assets are higher than SweetFeet's assets.
• C) SweetFeet, because the income statement shows that it has a higher profit than SportsAde.
• D) SportsAde, because analyzing both the balance sheet and income statement show that it has a healthier financial position than SweetFeet.

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Definitions:

Sex Cell

Also known as a gamete, it's a specialized cell involved in sexual reproduction, including sperm in males and eggs (ova) in females.

Cervix

The lower part of the uterus in the female reproductive system that connects the uterus to the vagina.

Centimeters

A unit of length in the metric system equal to one hundredth of a meter, commonly used to measure small distances or lengths.

Baby

A very young child, especially one newly or recently born.