Presented here is selected information from the 2013 fiscal-year 10-K reports of four companies. The four companies,

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Presented here is selected information from the 2013 fiscal-year 10-K reports of four companies. The four companies, in alphabetical order, are: AT&T, Inc., a company that provides communications and digital entertainment; Deere & Company, a manufacturer of heavy machinery; Starbucks, a company that sells coffee products; and Tiffany & Company, a company that operates high-end jewelry and department stores. The data for the companies, presented in the order of the amount of their sales in millions of dollars, are:

A в Sales Cost of goods sold Net earnings $163,786 76,884 12,976 $21,315.9 8,511.1 2,817.7 1,378.5 768.8 14,329.5 $4,10


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.

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Related Book For  book-img-for-question

Introductory Financial Accounting for Business

ISBN: 978-1260299441

1st edition

Authors: Thomas Edmonds, Christopher Edmonds

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