Presented below are common-sized income statement data for three well-known companies representing three different industries (pharmaceutical, beverage,

Question:

Presented below are common-sized income statement data for three well-known companies representing three different industries (pharmaceutical, beverage, and diversified):

1. Bristol-Myers Squibb

2. The Coca-Cola Company

3. General Electric Company

Identify which of the three companies goes with each of the common-size data profiles. Discuss the rationale for your choice.

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Financial Accounting For Executives And MBAs

ISBN: 9781618531988

4th Edition

Authors: Wallace, Simko, Ferris

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Question Posted: May 18, 2024 11:11 PM

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Presented below are common-sized income statement data for three well-known companies representing three different industries (pharmaceutical, beverage,

Question:

Common-size income statement Net sales..... Cost of goods sold.... Marketing, selling & admin. Research & development.. Other expenses Net income... Company 1 Company 2 Company 3. 100.0% 100.0% 100.0% 30.9 44.3 59.8 22.6 13.0 32.6 18.3 6.0 12.6 26.0 4.9 15.6% 10.7% 2.7%

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Financial Accounting For Executives And MBAs

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