The following ratios are for four companies in different industries. Some of these ratios have been discussed
Question:
The following ratios are for four companies in different industries. Some of these ratios have been discussed in the textbook, others have not, but their names explain how the ratio was computed. These data are for the companies’ 2018 fiscal years. The four sets of ratios, presented randomly are as follows.
The four companies to which these ratios relate, listed in alphabetical order, are:
Anheuser-Busch InBev SA/NV is a company that produces beer and related products.
Caterpillar, Inc. is a company that manufactures heavy construction equipment.
Denny’s Corp. operates approximately 1,709 restaurants as of December 26, 2018.
Weight Watchers International, Inc. is a company that provides weight loss services and products. Its fiscal year-end was December 31, 2018, during which 84 percent of its revenues came from services and 16 percent from product sales.
Required
Determine which company should be matched with each set of ratios. Write a memorandum explaining the rationale for your decisions.
Step by Step Answer:
Fundamental Financial Accounting Concepts
ISBN: 9781260786583
11th Edition
Authors: Thomas P. Edmonds