Following are summaries of the balance sheets of five companies The amounts are all stated as a percentage of total assets The five companies are cent BankAmerica, a large bank cent Kelly Services, a firm that provides temporary employees cent Yahoo , an Internet company cent McDonalds, a fast food...

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Following are summaries of the balance sheets of five companies.

Following are summaries of the balance sheets of five companies. The amounts are all stated as a

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Following are summaries of the balance sheets of five companies. The amounts are all stated as a percentage of total assets. The five companies are
€¢ BankAmerica, a large bank
€¢ Kelly Services, a firm that provides temporary employees
€¢ Yahoo!, an Internet company
€¢ McDonald€™s, a fast-food company
€¢ Consolidated Edison, a utility serving New York City

Match each balance sheet summary (A€“E) with the appropriate company. Justify yourchoices.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...

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59.1 0.0 20.6 .7 8.6 62.9 0.0 23.8 1.5 11.8 26.8 57.8 8.0 7.4 Recelvables Inventorles Other current assets 4.0 0.0 4.0 1.9 1.8 79.3 13.1 6.6 1.3 48.4 43.6 2.4 22.4 12.9 0.0 0.9 86.2 0.4 3.2 81.1 12.3 8.5 4.1 39.5 47.8 Land, bulldings, and equipment.. Other long-term assets. . . Short-term payables Other current Ilabilitles 42. 0.0 0.0 57.9 Long-term liabill Equity-

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BankAmerica D Kelly Services A Yahoo C McDonalds E Consolidated Edison B The powergenerating facilit...View the full answer

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Question Posted: Jan 28, 2012 05:29 AM

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