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AT&T and Verizon produce and market telecommunications products and are competitors. Key financial figures (in $ millions) for these businesses over the past year follow.
Required:
1. Compute return on assets for (a) AT&T and (b) Verizon.2. Which company is more successful in the total amount of sales to consumers?3. Which company is more successful in returning net income from its assets invested?Analysis Component:4. Write a one-paragraph memorandum explaining which company you would invest your money in and why. (Limit your explanation to the informationprovided.)
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Provide the circumstances under which each company chose its strategy. Provide information on how the two companies chosen strategies have affected performance and contributed to success or failure.
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At the beginning of November Manny Co. had $600 worth of supplies on hand. During the month of November Manny Co. purchased $2,100 worth of supplies. On November 30, Manny Co. counted supplies and found that $1,600 remained on hand. What is the ap..
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