Below are selected accounting data of four U.S. firms:

a. For each one of the firms, compute the following: working capital requirement (WCR), WCR-to-revenue ratio, collection period in days (using 365 days per year), and inventory turnover (using revenue rather than cost of goods sold)

b. The four firms and their industry are

Which company is Firm 1, Firm 2, Firm 3, and Firm 4? Explain your choice.

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(in millions) Revenu Accounts receivable Inventories Prepaid expenses Other current asscts Accounts payable Accrued expenses Other current liabilities Firm 1 $428 78 299 4 Firm 2 $3,498 63 84 100 Firm 3 21,870 5,385 3,463 Firm 4 S166,809 1,341 19,793 1,366 196 262 741 108 2,272 1,905 2,037 25 13,105 7,290 14 Wal-Mart Stores, Inc. Retail (Nongrocery) The Robert Mondavi Corp. Beverages Alcoholic) Dow Chemical Company Chemical Manufacturing Carnival Corp. Recreational Activities (Cruises) Firm Industry