Question: Problem Set #1 1. The following-table shows the recent financial results for two firms. One is Haier, the Chinese appliance manufacturer pursuing a low-cost

Problem Set #1 1. The following-table shows the recent financial results for two firms. One is Haier, the Chinese appliance m

Problem Set #1 1. The following-table shows the recent financial results for two firms. One is Haier, the Chinese appliance manufacturer pursuing a low-cost strategy. The other is Middleby Corporation, an American appliance maker pursuing a differentiation strategy. Examine the results, conduct appropriate ratio analysis, and demonstrate how you can tell which firm is which. Company A Company B $2,917,136 $1,265,318 $23,287,625 $15,722,259 $63,854,877 $9,992,692 $7,320,930 $2,734,497 Assets Equity $2,267,852 $901,180 $44,431 $284,216 Revenue Gross Profit SG&A Net Income a000 shimued

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