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’ 2016 fiscal years. The four sets of ratios, presented randomly are:
The four companies to which these ratios relate, listed in alphabetical order, are: Molson Coors Brewing Company is a company that produces beer and related products. Darden Restaurants, Inc. operates approximately 2,150 restaurants under 10 different names, including Olive Garden, Bahama Breeze, and LongHorn Steakhouse. Deere & Company is a company that manufactures heavy construction equipment. Weight Watchers International, Inc. is a company that provides weight loss services and products. Its fiscal year-end was December 31, 2016, during which 81 percent of its revenues came from services and 19 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:
Introductory Financial Accounting for Business
ISBN: 978-1260299441
1st edition
Authors: Thomas Edmonds, Christopher Edmonds