Select data for Avis and Hertz for 2012 follow. Based only on this information and ratios that
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 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
Step by Step Answer:
Computed ratios are as follows Avis Budget Group 2012 Hertz Global Holdings 2012 Profit Margin for R...View the full answer
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
