Daku Mangal Singh announced his Swayamvar (also known as marriage match selection process). Shweta always wanted to spend time with a Daku. Like some of us, Mangal was weak in finance and thought that a core competence in Financial Accounting and Analysis for his future partner is a must (applying the funda of having complementary competencies in case of a mergers and acquisitions).

So, in a recent dance party, Daku Mangal Singh announced in his Durbar that he was giving a case to pick up his partner. Daku Mangal Singh further stated that this case is based on the fact that financial characteristics vary from company to company, largely depending on their industry of operation. He also stated his wish of his partners being comfortable with using other formats of presentation of financial data. So, Mangal provided important ratios and common sized balance sheets of eight well-known companies, for the financial year ending 2002.33 We have named them in an alphabetical order of A to H and stated that the one who is successful in finding the right firms (i.e., match the following) would be his partner.

Mangal Singh stated that these eight companies were chosen to represent variety of non-diversified industry players, namely, Associated Cement Corporation (ACC) from the cement sector, Bharat Heavy Electricals Limited (BHEL) from the heavy engineering sector, Indian Hotels from the hotel sector, Infosys Technologies from the IT-software sector, Procter & Gamble (P&G) India from the fast moving consumer goods sector, Ranbaxy Laboratories from the pharmaceutical sector, Tata Motors from the automobiles sector, and Zee Telefilms Limited from the television entertainment sector.

Shweta was present in the Durbar and she did not want to be sweating and being single lifelong – so she was hazaar (very) enthusiastic about it and hence, decided to participate in the test. She sought the help of all the finance-studs in the class.

Please help Shweta in solving the case and finding the companies A to H involved in the table. Please give your answers below with reasoning for the same (at least a sentence). For example, a reason such as a Company X is ‘Bank of Baroda’ as it has large interest charges’ and ‘low fixed assets’ are compulsory.

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Companies--> SOURCES OF FUNDS Owner's Fund Equity Share Capital Reserves & Surplus Loan Funds Secured Loans Unsecured Loans Total USES OF FUNDS Fixed Assets Gross Block Less Accumulated Depreciation Net Block Capital Work-in-progress A 43.55 2.74 100.00 B 52.35 17.58 34.78 4.79 2.73 1.59 6.69 9.93 50.99 98.41 86.04 90.06 C 0.00 0.00 100.00 2.95 4.32 100.00 D 46.18 53.00 18.89 27.28 101.68 18.16 52.72 34.83 48.96 7.24 0.54 0.00 E 0.00 9.74 0.00 3.22 100.00 100.00 F 4.77 82.27 44.95 G 6.70 0.93 6.76 90.13 33.55 28.18 20.18 100.00 100.00 H 5.48 3.47 43.69 16.00 100.00 120.88 3.04 131.46 61.48 39.05 50.95 0.45 43.75 22.42 69.93 2.59 87.71 1.59 2.95 0.23 4.92