The following selected financial data pertain to four unidentified companies: Balance Sheet Data (component %) Cash Accounts receivable Inventory Property and equipment Income Statement Data (component %) Cost of goods sold Profit before taxes Selected Ratios Current ratio Companies 1 2 3.5% 3 4 16.9 46.8 18.3 78.0% 2.1 Inventory turnover ratio "N/A = Not applicable. In no particular order, the four unidentified companies are: a. High-end clothing store b. Advertising agency c. Wholesale candy company d. Car manufacturer Required: Match each company with its financial information. 1.3 3.6 2 COMPANIES 4.7% 28.9 35.6 21.7 77.5% 0.7 1.5 9.8 3 8.2% 16.8 57.3 7.6 55.8% 1.2 1.6 1.5 4 11.7% 51.9 0.0 18.7 0.0% 3.2 1.2 N/A*

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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T5.

 

The following selected financial data pertain to four unidentified companies:
Balance Sheet Data (component %)
Cash
Accounts receivable
Inventory
Property and equipment
Income Statement Data (component %)
Cost of goods sold
Profit before taxes
Selected Ratios
Current ratio
Companies
2
1
3
4
3.5%
16.9
46.8
18.3
Inventory turnover ratio
"N/A = Not applicable.
In no particular order, the four unidentified companies are:
a. High-end clothing store
b. Advertising agency
c. Wholesale candy company
d. Car manufacturer
Required:
Match each company with its financial information.
78.0%
2.1
1.3
3.6
2
COMPANIES
4.7%
28.9
35.6
21.7
77.5%
0.7
1.5
9.8
8.2%
16.8
57.3
7.6
55.8%
1.2
1.6
1.5
4
11.7%
51.9
0.0
18.7
0.0%
3.2
1.2
N/A*
Transcribed Image Text:The following selected financial data pertain to four unidentified companies: Balance Sheet Data (component %) Cash Accounts receivable Inventory Property and equipment Income Statement Data (component %) Cost of goods sold Profit before taxes Selected Ratios Current ratio Companies 2 1 3 4 3.5% 16.9 46.8 18.3 Inventory turnover ratio "N/A = Not applicable. In no particular order, the four unidentified companies are: a. High-end clothing store b. Advertising agency c. Wholesale candy company d. Car manufacturer Required: Match each company with its financial information. 78.0% 2.1 1.3 3.6 2 COMPANIES 4.7% 28.9 35.6 21.7 77.5% 0.7 1.5 9.8 8.2% 16.8 57.3 7.6 55.8% 1.2 1.6 1.5 4 11.7% 51.9 0.0 18.7 0.0% 3.2 1.2 N/A*
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