Reproduced below are condensed common-size financial statements of companies operating in nine different industries. The nine industries
Question:
Reproduced below are condensed common-size financial statements of companies operating in nine different industries. The nine industries represented are:
a. Tobacco manufacturing
b. Pharmaceuticals
c. Health care
d. Utilities
e. Investment advising
f. Breweries
g. Grocery stores
h. Computer equipment
i. Public opinion surveys
Required:
Examine the relations in these balance sheets and income statements and match the (1) through (9) companies with the (a) through (i) industries. It might be helpful to consult published industry ratios.
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Related Book For
Financial Statement Analysis
ISBN: 978-0073379432
10th edition
Authors: K. R. Subramanyam, John J. Wild
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