A B D E F G Balance Sheet Percentages Accounts Cash and marketable securities Receivables Inventories Other current assets Plant and equipment (net) Other assets 1.40 6.29 28.75 0.57 22.98 40.01 2.26 3.71 0.00 3.05 88.37 2.61 9.44 3.72 5.44 0.40 70.41 10.59 1.32 7.58 9.45 5.30 37.93 38.42 11.23 5.92 29.97 4.36 7.86 40.66 1.09 13.84 0.00 11.77 4.79 68.51 1.09 7.83 2.37 0.04 48.81 39.86 Total assets 100.00 100.00 100.00 100.00 100.00 100.00 100.00 4.24 0.92 0.10 20.67 Accounts payable Other current liabilities Current portion of long-term debt Long-term debt Other liabilities Capital stock Accumulated and other comprehensive income Retained earnings 16.15 9.08 6.02 3.31 7.61 19.30 -0.47 39.02 7.99 0.00 0.37 31.48 25 14.72 -18.80 38.68 13.99 1.29 0.21 37.77 16.77 32.67 -0.42 -2.28 13.78 34.20 0.00 20.78 5.90 7.15 -0.13 -1.68 11.07 14.53 0.50 30.57 10.59 22.09 0.00 10.65 10.88 2.65 1.77 53.22 12.27 2.39 1.29 15.53 20.21 -0.10 31.83 Total liabiltiies and shareholders' equity 100.02 100.00 100.00 100.00 100.00 100.00 100.00 1.07 0.36 1.85 0.74 0.58 3.46 Selected Ratios Current asset/current liabilities Cash, marketable securties, receivables over current liabilities Inventory turnover (x) Receivables collection period (days) Total debt/total assets Long-term debt/capitalization Net sales/total assets Net profits/total assets Net profitset sales 1.18 0.25 3.08 15.90 0.09 0.05 1.08 0.71 N/A 34.99 0.32 0.48 0.39 3.29% 8.50% 3.61 2.50 3.87 45.35 0.21 0.28 0.30 2.51% 8.41% 1.53 0.57 13.57 18.16 0.38 0.56 1.52 3.84% 2.52% 33.20 0.21 1.02 0.57 NA 110.60 0.31 0.48 0.46 1.26% 2.76% 0.80 1.44 44.90 0.55 0.73 0.64 8.67% 13.62% 8.14% 5.64% 0.65 2.32% 3.57% Represents accumlation of special gains and losses that are not shown on the income statement(e.g., unrealized gains and losses on available-for-sale securities) IDENTIFY THE INDUSTRY EXERCISE Exhibit 1 presents common-size balance sheets (presented in relative terms based on percentage of total assets) and select financial ratios for seven companies representing seven distinctive industries. Understanding that certain companies may operate in more than one industry, they are broadly categorized as follows: 1. Railway services 2. Meat product processer/packager 3. Telecommunication service provider 4. Technology consulting provider 5. Aerospace engineering/aircraft manufacturer 6. Natural resources/mining 7. Retail drug and convenience store Your objective is to match the industry with the appropriate financial information (A-G). A B D E F G Balance Sheet Percentages Accounts Cash and marketable securities Receivables Inventories Other current assets Plant and equipment (net) Other assets 1.40 6.29 28.75 0.57 22.98 40.01 2.26 3.71 0.00 3.05 88.37 2.61 9.44 3.72 5.44 0.40 70.41 10.59 1.32 7.58 9.45 5.30 37.93 38.42 11.23 5.92 29.97 4.36 7.86 40.66 1.09 13.84 0.00 11.77 4.79 68.51 1.09 7.83 2.37 0.04 48.81 39.86 Total assets 100.00 100.00 100.00 100.00 100.00 100.00 100.00 4.24 0.92 0.10 20.67 Accounts payable Other current liabilities Current portion of long-term debt Long-term debt Other liabilities Capital stock Accumulated and other comprehensive income Retained earnings 16.15 9.08 6.02 3.31 7.61 19.30 -0.47 39.02 7.99 0.00 0.37 31.48 25 14.72 -18.80 38.68 13.99 1.29 0.21 37.77 16.77 32.67 -0.42 -2.28 13.78 34.20 0.00 20.78 5.90 7.15 -0.13 -1.68 11.07 14.53 0.50 30.57 10.59 22.09 0.00 10.65 10.88 2.65 1.77 53.22 12.27 2.39 1.29 15.53 20.21 -0.10 31.83 Total liabiltiies and shareholders' equity 100.02 100.00 100.00 100.00 100.00 100.00 100.00 1.07 0.36 1.85 0.74 0.58 3.46 Selected Ratios Current asset/current liabilities Cash, marketable securties, receivables over current liabilities Inventory turnover (x) Receivables collection period (days) Total debt/total assets Long-term debt/capitalization Net sales/total assets Net profits/total assets Net profitset sales 1.18 0.25 3.08 15.90 0.09 0.05 1.08 0.71 N/A 34.99 0.32 0.48 0.39 3.29% 8.50% 3.61 2.50 3.87 45.35 0.21 0.28 0.30 2.51% 8.41% 1.53 0.57 13.57 18.16 0.38 0.56 1.52 3.84% 2.52% 33.20 0.21 1.02 0.57 NA 110.60 0.31 0.48 0.46 1.26% 2.76% 0.80 1.44 44.90 0.55 0.73 0.64 8.67% 13.62% 8.14% 5.64% 0.65 2.32% 3.57% Represents accumlation of special gains and losses that are not shown on the income statement(e.g., unrealized gains and losses on available-for-sale securities) IDENTIFY THE INDUSTRY EXERCISE Exhibit 1 presents common-size balance sheets (presented in relative terms based on percentage of total assets) and select financial ratios for seven companies representing seven distinctive industries. Understanding that certain companies may operate in more than one industry, they are broadly categorized as follows: 1. Railway services 2. Meat product processer/packager 3. Telecommunication service provider 4. Technology consulting provider 5. Aerospace engineering/aircraft manufacturer 6. Natural resources/mining 7. Retail drug and convenience store Your objective is to match the industry with the appropriate financial information (A-G)