Roak Company and Clay Company are similar firms that o
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Roak Company and Clay Company are similar firms that operate in the same industry. Clay began operations in 2015 and R
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Roak Company and Clay Company are similar firms that operate in the same industry. Clay began operations in 2015 and Roak in 2012. In 2017, both companies pay 7% interest on their debt to creditors. The following additional information is available. Write a half-page report comparing Roak and Clay using the available information. Your analysis should include their ability to use assets efficiently to produce profits. Also comment on their success in employing financial leverage in 2017.
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