9. What company has the highest level of long-term liabilities relative to its shareholder equity? 10. Does company 1 have a liquidity problem? 11. Does company 3 appear to be highly leveraged? 12. Extra Credit: Take a look at the gross margin, relative size and asset configuration: These three companies are: An international shipping company, a regional beer company and an international software company. Which company is number 2? Note: No, they will not match up to the financials you find online.

NI mi Net Sales COGS Net Income Accounts Receivable Inventory Current Assets Fixed Assets Total Assets Current Liabilities Long-Term Debt Total Liabilities Shareholder's Equity Number of Shares Outstanding 1 9246 1846 1986 3697 0 10105 379 10484 4492 278 4770 5714 2 3094 2849 28 299 23 396 1320 1716 430 419 849 867 36 3 221 102 3 16 18 74 42 116 14 2 16 100 18 5684