Below are selected financial data (in millions) for three utility companies. {Requirements} 1. Compute the missing amounts

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Below are selected financial data (in millions) for three utility companies.image text in transcribed

{Requirements}
1. Compute the missing amounts (indicated by a ?) for each company.
2. What two line items above would be most relevant to determining which company is the largest? Why?
3. Which company reported the highest net income for the year? The highest net income as a percentage of revenues? Which of these two amounts is better for comparing the operating performance of the companies for the year? Why?

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Financial Accounting

ISBN: 9780135433065

7th Canadian Edition

Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin

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