Reproduced below are condensed common-size financial stateme…
Reproduced below are condensed common-size financial statements of companies operating in nine different industries. The nine industries represented are: a. Tobacco manufacturing d. Utilities g. Grocery stores b. Pharmaceuticals e. Investment advising h. Computer equipment c. Health care f. Breweries i. Public opinion surveys Examine the relations in these balance sheets and income statements and match the (1) through (9) companies with the (a) through (i) industries. It may be helpful to consult published industry ratios. Note: providing brief explanations with your matches offers an opportunity to receive partial credit where applicable.
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