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etail Store, Dru ustry

etail Store, Dru ustry

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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QUESTION 4 a) Below are selected ratios for three companies which operate in three different industries: Discount Retail Store, Drug and Utility. Industry COGS/Sales A B 80% 58% n/a R&D/Sales 0% 7% 0.1% Advertising/Sales Interest/Sales Net Income/Sales Return on Assets Inventory Turnover Accounts receivable Not defined 3% 0.1% 0.9% 1% 6% 2.5% 10% 10% 8.5% 10.6% 7.2% 5.5 4 n/a 100 9 turnover Long term debt/equity n/a= not applicable 60% 50% 92% Identify which industry each of the companies A, B and C operate in. Give TWO (2) reasons for each of your selections.
Transcribed Image Text:QUESTION 4 a) Below are selected ratios for three companies which operate in three different industries: Discount Retail Store, Drug and Utility. Industry COGS/Sales A B 80% 58% n/a R&D/Sales 0% 7% 0.1% Advertising/Sales Interest/Sales Net Income/Sales Return on Assets Inventory Turnover Accounts receivable Not defined 3% 0.1% 0.9% 1% 6% 2.5% 10% 10% 8.5% 10.6% 7.2% 5.5 4 n/a 100 9 turnover Long term debt/equity n/a= not applicable 60% 50% 92% Identify which industry each of the companies A, B and C operate in. Give TWO (2) reasons for each of your selections.
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QUESTION 4 a) Below are selected ratios for three companies which operate in three different industries: Discount Retail Store, Drug and Utility. Industry COGS/Sales R&D/Sales Advertising/Sales Interest/Sales Net Income/Sales Return on Assets Inventory Turnover Accounts receivable turnover Long term debt/equity n/a= not applicable 80% 0% Not defined 0.9% 2.5% 8.5% 5.5 100 A 60% 58% 7% 3% 1% 10% 10.6% 4 6 50% B n/a 0.1% 0.1% 6% 10% 7.2% n/a 9 92% с Identify which industry each of the companies A, B and C operate in. Give TWO (2) reasons for each of your selections.
Transcribed Image Text:QUESTION 4 a) Below are selected ratios for three companies which operate in three different industries: Discount Retail Store, Drug and Utility. Industry COGS/Sales R&D/Sales Advertising/Sales Interest/Sales Net Income/Sales Return on Assets Inventory Turnover Accounts receivable turnover Long term debt/equity n/a= not applicable 80% 0% Not defined 0.9% 2.5% 8.5% 5.5 100 A 60% 58% 7% 3% 1% 10% 10.6% 4 6 50% B n/a 0.1% 0.1% 6% 10% 7.2% n/a 9 92% с Identify which industry each of the companies A, B and C operate in. Give TWO (2) reasons for each of your selections.
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