The common-size balance sheets from four companies follow: Amazon.com, an Internet book retailer; Alcoa, a major producer
Question:
Required:
Based on your general business knowledge, the economic activities of these four firms, and information derived from the following balance sheet analysis, match the company with its respective balance sheet. Explain your reasoning for the choices that youmake.
Transcribed Image Text:
Common-Size Balance Sheet Comparisons Company Current assets Cash and marketable securities Current receivables Inventories Other current assets 1 .84% 13.85 9.48 2.95 28.12% 11.19% 4.22 2.14 1.02 18.57% 6.91% 3.64 28.57% 8.93 5.60 16.15% Total current assets 40,95% Noncurrent assets Property, plant, and equipment, net Goodwill and intangibles, net Other assets, net 53.52% 7.78 10.58 100.00% 6930% 9.56 4.97 100.00% 12.85% 29.55 16.65 73.76% 2.56 5.11 100.00% 100.00 Liabilities and Stockholders' Equity Current liabilities 32.20% 39.73 71.93 Total current liabilities 17.60% 36.84 54.44 8.53 29.90% 15.09% 17.73 32.82 Long-term liabilities 2 2 89.23 Total liabilities Minority interest Redeemable preferred stock Stockholders' Equity Contributed capital and other equity items Retained earnings (deficit) 10.62 1.51 35.52 100.00% 11.41 16.66 100.00% 46.46 (35.69) 56.74 100.00% 100.00% (0.18) 2 Total liabilities and stockholders' equity
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Company C has a high amount of its assets in cash and marketable securities It has no accounts receivable and the smallest proportion of property plan...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
Question Posted:
Students also viewed these Accounting questions
-
An Internet book retailer promises to ship all customer orders within 24 to 36 hours of receiving an order at its web site. Actual shipment data for all computers shipped during the past month showed...
-
Following are the common-size balance sheets from four companies: Pfizer, Inc., a global research-driven pharmaceutical company; JCPenney, a national retailer; TimeWarner, a global media and...
-
The Cut Rite Company is a major producer of industrial lawn mowers. The cost to Cut Rite for hiring a semiskilled worker for its assembly plant is $3,000 and the cost for laying off one is $2,000....
-
In 2022, Tornado Ltd. had average inventory of $92000. The 2022 income statement showed net sales of $2100000 and gross profit of $428000. In 2021, it was taking the company approximately 30 days to...
-
The air in a house is at 25oC and 65 percent relative humidity. Now the air is cooled at constant pressure. The temperature at which the moisture in the air will start condensing is (a) 7.48C (b)...
-
What is the Phillips curve? Does the Phillips curve relationship hold for U.S. data? Explain.
-
Golden State Warriors: One Game During a record breaking season the Golden State Warriors of the National Basketball Association (NBA) won 24 straight games to start the 2015-2016 season. Adam Pearce...
-
What is the net advantage to leasing (NAL)? Does your analysis indicate that Lewis should buy or lease the equipment? Explain. MINI CASE Lewis Securities Inc. has decided to acquire a new market data...
-
Identify the characteristics of the logarithmic function below. If a value is a non-integer then type it as a reduced fraction. f(x) = log(15 - 5x) +6 The domain is The range is The vertical...
-
1. What business research problem does Royal Barton face? What are his information needs? Outline some survey research objectives for a research project on the Royal Bee system. 2. What type of...
-
Consider the following transactions pertaining to Retail Traders Company. Amounts in parentheses indicate a decrease in the account. Required: 1. Based on this information, prepare an income...
-
Karr, Inc., reported net income of $300,000 for 2014. Changes occurred in several balance sheet accounts as follows: Equipment ........ $25,000 increase Inventories ....... $20,000 decrease...
-
Sue died on May 3, 2020. On October 1, 2017, Sue gave her son Tom land valued at $7,014,000. Sue applied a unified credit of $2,141,800 against the gift tax due on this transfer. On Sues date of...
-
What is meant by perfect positive correlation, perfect negative correlation, and zero correlation? Explain the statement: An asset held as part of a portfolio is generally less risky than the same...
-
What are the three key guidelines for communicating insights that are outlined in the introduction? How does the ABC Television Network project provide examples of adherence to those three guidelines?
-
What are some important concepts for individual investors to consider when evaluating the risk and returns of various investments? The stand-alone risk of an individual corporate project may be quite...
-
How can a firm influence the size of its beta?
-
What would the SML look like if investors were indifferent to risk, that is, if they had zero risk aversion?
-
Which solid has the highest melting point? Why? C(s, diamond), Kr(s), NaCl(s), H 2 O(s)
-
Figure displays a 12.0 V battery 3 four uncharged capacitors of capacitances C1 = 4.00F, C2 = 6.00F, and C3 = 3.00F. The switch is thrown to the left side until capacitor 1 is fully charged. Then the...
-
Suppose \(X_{1}, \ldots, X_{n}\) is a random sample from a \(\operatorname{Uniform}(0, \theta)\) density where \(\theta \in \Omega=(0, \infty)\). a. Find a \(100 \alpha \%\) confidence interval for...
-
Ahl Enterprise lists the following data for 2009 and 2008: Required Calculate the net profit margin, return on assets, total asset turnover, and return on common equity for both years. Comment on the...
-
Income statement data for Starr Canning Corporation are as follows: Required a. Prepare an income statement in comparative form, stating each item for both years as a percent of sales (vertical...
-
The balance sheet for Schultz Bone Company at December 31, 2009 had the following account balances: Total current liabilities (non-interest-bearing) .........$450,000 Bonds payable, 6% (issued in...
-
World Tourism Day 2 0 1 7 , with its official celebration on September 2 7 in Qatar, was focused on sustainable tourism. Established by the United Nations World Tourism Organization ( UNWTO ) , World...
-
Tracy is single and had adjusted gross income of $35,800 in 2018. Tracy also has the following items: How much may Tracy claim as itemized deductions?
-
Calculate the geometric mean return of an investment with five year returns of 10%, (15%), 12%, 8% and (5%).
Study smarter with the SolutionInn App