Question: The following selected financial data pertain to four unidentified companies: This financial information pertains to the following companies: a. Full-line department store b. Wholesale fish

The following selected financial data pertain to four unidentified companies:

This financial information pertains to the following companies:
a. Full-line department store
b. Wholesale fish company
c. Automobile dealer (both new and used cars)
d. Restaurant
Required:
Match each company with its financialinformation.

COMPANIES 1 3 Balance Sheet Data (component percentage) Cash 11.6 5.4 7.1 6.6 Accounts receivable 4.6 18.9 8.8 35.6 65.7 Inventory Property and equipment 7.0 45.8 26.0 20.3 56.0 10.1 21.9 Income Statement Data (component percentage) Gross profit Profit before taxes 56.7 36.4 14.1 15,8 0.9 1.1 2.7 1.4 Selected Ratios Current ratio 0.7 2.1 1.2 1.3 Inventory turnover ratio Debt-to-equity ratio 16.7 30.0 3.5 5.6 3.3 1.8 3.8 3.1

Step by Step Solution

★★★★★

3.55 Rating (179 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

1 Restaurant high inventory turnover high property equ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

72-B-A-F-S (870).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

The following selected financial data pertain to four unidentified companies (balance sheet amounts reported in millions): Companies 1 2 3 4 Cash $ 5.1 $ 8.8 $ 6.3 $10.4 Accounts receivable 13.1 41.5...

A parts store sells both new and used parts. Sixty percent of the parts in stock are used. Sixty-one percent are used or defective. If 5% of the stores parts are defective, what percentage is both...

A parts store sells both new and used parts. Sixty percent of the parts in stock are used. Sixty-one percent are used or defective. If 5% of the store's parts are defective, what percentage is both...

The following selected financial data pertain to four unidentified companies: The above financial information pertains to the following companies: a. Full-line department store b. Wholesale fish...

E13-4 (Static) Using Financial Information to identify Companies LO 13-1, 13-2, 13-3, 13-5, 13-6 The following selected financial data pertain to four unidentified companies Balance Sheet Data...

The following selected financial data pertain to four unidentified companies: The above financial information pertains to the following companies: a. High-end clothing store b. Advertising agency c....

The following selected financial data pertain to four unidentified companies: The above financial information pertains to the following companies: a. Cable TV company b. Grocery store c. Accounting...

The following selected financial data pertain to four unidentified companies: The above financial information pertains to the following companies: a. Travel agency b. Hotel c. Meat processing company...

E13-4 LO13-1, 13-2, 13-3, 13-5, 13-6 Using Financial Information to identify Companies The following selected financial data pertain to four unidentified companies COMPANIES 7.1% 35.6 26.0 5.4% 8.8...

The following selected financial data pertain to four unidentified companies: COMPANIES 2 3 1 4 11.6% 4.6 7.0 56.0 6.6% 18.9 45.8 20.3 5.4% 8.8 65.7 10.1 7.1% 35.6 26.0 21.9 Balance Sheet Data...

Following is a trial balance of the accounts of the Bureau of Bridge Inspection (BOBI), a relatively new unit of the Department of Transportation (DOT), as of October 1, 2013. BOBI is responsible for...

The steel column is fabricated by welding a 9-in. by 1/2-in. plate to a W12 x 50 section. The axial load P acts at the centroid C of the W-section. If the normal working stress is 18 ksi, find the...

How can the NPV profile help in resolving conflicts between the NPV and IRR methods for mutually exclusive projects?

Freds Frames mass-produces and wholesales wooden picture frames at an average price of $5 per frame. Expected sales volumes over the first six months of 2010 are forecasted as follows: January . . ....

Shanahan Corporation produces three types of media: CDs, DVDs, and double-layer DVDs. Shanahan purchases cases for the media from a firm in Mexico and purchases the labels from another supplier in...

Annecy Chocolate Company makes and sells two kinds of candy: chocolate peanut bars and caramel bars. The production budget for the next three months for each of the bars is as follows: From...

Ian Fleming has just received a job offer of $55,000 salary per year plus overtime pay, which will amount to 10% of his salary. Ian estimates his living costs as follows: Required: 1. Prepare a...

Six-Peak Pools in Montana is open May through September. It has the capability of serving approximately 600 patrons each day. With kids being in school, May and September are its slowest months and...

Balance each of the following chemical equations by inspection. (a) FeO(l) + Al(l) Al 2 O 3 (l) + Fe(l) (b) MnO 2 (l) + Al(l) Al 2 O 3 (l) + Mn(l).

The following control procedures are used in Danner Company for over-the counter cash receipts. 1. Cashiers are experienced; thus, they are not bonded. 2. All over-the-counter receipts are registered...

The following control procedures are used in Katjas Boutique Shoppe for cash disbursements. 1. Each week, Katja leaves 100 company checks in an unmarked envelope on a shelf behind the cash register....

At Reyes Company, checks are not prenumbered because both the purchasing agent and the treasurer are authorized to issue checks. Each signer has access to unissued checks kept in an unlocked file...

Slow Ride Corp. is evaluating a project with the following cash flows:The company uses an interest rate of 9 percent on all of its projects. Calculate the MIRR of the project using the discounting...

Beckman Engineering and Associates (BEA) is considering a change in its capital structure. BEA currently has $20 million in debt carrying a rate of 6%, and its stock price is $40 per share with 2...

a) Explain the differences between the buyer of a call option and the sell of a call option. (2 marks) b) An investor buys a put option with a strike price of $45 for $6. What is the investors...