Question: Select data for Avis and Hertz for 2012 follow. Based only on this information and ratios that you construct, speculate on similarities and differences in

Select data for Avis and Hertz for 2012 follow. Based only on this information and ratios that you construct, speculate on similarities and differences in the operations and financing decisions of the two companies based on similarities and differences in the ratios.

Avis Budget Group Hertz Global Holdings

Sales.................................. $ 7,357..........................................$ 9,021

Interest expense .................268 .................................................650

Net income ......................290 .................................................243

Average total assets ..........14,078 ...........................................20,480

Average shareholders' equity ..585 .............................................2,371

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