Question: Commonsized balance sheets (all items scaled by total assets), commonsized income statements (all items scaled by net sales), and selected nancial ratios For the nine

Commonsized balance sheets (all items scaled by total assets), commonsized income statements (all items scaled by net sales), and selected nancial ratios For the nine companies are provided. Since unusual deviation from target values may occur in any given year, the values for the items were averaged over three years. The three year average commonsized balance sheet, commonsized income statement, and nancial ratios are reported in Exhibits 2, 3, and 4, respectively. The 9 companies are drawn From dae following 9 different industries: Liquor producer and distributor Discount airline Commercial bank [items tted into the same categories as the nonnancial rms) Computer software companyr Large integrated oil and gas companyr Mobile phone service operator REIDbased pharmaceutical manuFacturer Retail grocery company RiDbased semiconductor manufacturer Assignment Using the nancial statement data provided in Exhibits 2, 3, and 4, match the companies with their industry. NOTE: #DWJ'G! or #Value! indicates that the item was not separately disclosed
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
