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(Solved): You are an investor looking to invest in the clothing textile company. The businesses under consider ...



You are an investor looking to invest in the clothing textile company. The businesses under consideration presented their results to the market recently. the picture is attached. Both are reputable and have a solid track record and have prepared their financial statements in accordance with IFRS. Based on the info given only, which business to choose to invest in between the fashion Group and Zooty-And-Ready-Apparel and discuss why \begin{tabular}{|c|c|c|c|} \hline \multicolumn{2}{|l|}{The Fashion Group (TFG)} & \multicolumn{2}{|l|}{Zooty-And-Ready-Apparel (ZARA)} \\ \hline ASSETS & & ASSETS & \\ \hline Non-current assets & 18000000 & Non-current assets & 20000000 \\ \hline Current assets & 12000000 & Current assets & 10000000 \\ \hline Total assets & 30000000 & Total assets & 30000000 \\ \hline OWNER'S EQUITY & 10000000 & OWNER'S EQUITY & 10000000 \\ \hline LIABILITIES & 20000000 & LIABILITIES & 20000000 \\ \hline Non-current liabilities & 9000000 & Non-current liabilities & 7000000 \\ \hline Current liabilities & 11000000 & Current liabilities & 13000000 \\ \hline Total equity and liabilities & 30000000 & Total equity and liabilities & 30000000 \\ \hline \end{tabular}



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