57. An analyst gathered the following data for two companies in the same industry:
Company A Company B
Days in sales outstanding 28 32
Days of inventory on hand 32 35
Days of payables 42 40
Current assets $203,000 $189,000
Total assets 581,000 469,000
Current liabilities 73,000 71,000
Total liabilities 429,000 350,000
Shareholders' equity 152,000 119,000
Which of the following is the most appropriate conclusion the analyst can make?
Compared to Company B, Company A:
A. is more liquid.
B. has more financial risk.
C. has a longer time between cash outlay and cash collection.
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