Presented here is selected information from the 2018 fiscal-year 10-K reports of four companies. The four companies,
Question:
Presented here is selected information from the 2018 fiscal-year 10-K reports of four companies. The four companies, in alphabetical order, are: Advance Micro Devices, a global semiconductor company; AT&T, Inc., a company that provides communications and digital entertainment; Caterpillar, Inc., a manufacturer of heavy machinery; and Pfizer, Inc., a pharmaceutical manufacturer. The data for the companies, presented in the order of the amount of their sales in millions of dollars, are as follows.
Required
Based on these financial data and your knowledge and assumptions about the nature of the businesses that the companies operate, determine which data relate to which companies. Write a memorandum explaining your decisions. Include a discussion of which ratios you used in your analysis, and show the computations of these ratios in your memorandum.
Step by Step Answer:
Fundamental Financial Accounting Concepts
ISBN: 9781260786583
11th Edition
Authors: Thomas P. Edmonds