Observe the sales-to-net property, plant, and equipment ratios for the same year for American Airlines (1.258), Oracle

Question:

Observe the sales-to-net property, plant, and equipment ratios for the same year for American Airlines (1.258), Oracle Corporation (10.338), Alcan, Inc. an aluminum manufacturer (1.907), and Yahoo, Inc. (5.834). Respond to the following: What does the ratio tell you about each of these companies? How can you explain the wide differences you observe in the ratio?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting

ISBN: 978-1259103285

5th Canadian edition

Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M

Question Posted: