can you please interpret the following industries and explain how and why. thankyou
Clipboard G36 X fx F G H A B M Retail C N D E O P Newspapers 1 2 Industry 3 Assets 4 Cash & Short Term Investments 5 Receivables 6 Inventories 7 Current Assets - Other 8 Current Assets - Total 9 Net Fixed Assets 10 Assets - Other 11 Intangibles 12 Investments & Advances 13 Assets - Total 14 15 Liabilities & Equity 16 Accounts Payable 17 Debt in Current Liabilities 18 Income Taxes Payable 19 Current Liabilities -Other 20 Current Liabilities - Total 21 LT Debt 22 Deferred Taxes 23 Liabilities - Other 24 Liabilities - Total 25 Stockholders' Equity 26 Total Liabilities & Equity 24.2 12.8 7.0 7.2 51.2 19.6 6.9 22.2 0.1 100.0 16.1 8.1 5.4 2.5 32.1 14.9 3.8 46.1 3.1 100.0 1.4 4.3 4.3 1.3 11.3 54.7 7.2 7.4 2.9 83.5 55.6 11.9 11.7 2.4 81.6 16.0 13.0 1.3 0.0 1119 2.2 9.1 1.6 9.8 0.5 2.8 13.0 26.1 4.8 0.8 8.6 40.3 59.7 100.0 8.5 21.4 5.9 10.2 73 44.8 55.2 100.0 7.4 0.0 0.9 3.8 12.1 51.2 10.7 9.5 83.5 16.5 100.0 9.1 0.0 1.7 13.7 24.5 0.0 1.9 21.0 47.4 72.9 120.3 27 28 Income/Expenses 29 Sales - Net 98.6 82.6 100.0 100.0 30 Cost of Goods Sold 23.9 11.1 53.9 38.5 31 Gross Profit 74.7 71.5 46.1 61.5 32 SG&A Expense 44.5 46.7 17.3 50.5 33 Depreciation 4.5 9.7 6.2 2.0 34 Earnings Before Interest & Taxe 25.7 15.1 22.6 9.0 35 Nonoperating Income (Expense) 0.7 1.1 2.9 0.3 36 Interest Expense (Income) -0.7 0.7 2.9 0.0 37 Special Items -- Income (Expense) 0.0 -63 02 0.0 38 Pretax Income 27.1 9.2 22.8 9.3 39 Income Taxes - Total 91 5.1 7.8 3.5 40 Net Income (Loss) 18.0 4.1 15.0 5.8 41 42 = Look at the case's chart here to see a miscalculated field that caused a non-rounding discrepancy in the 100% line 43 = Field adjusted to make the numbers add up properly 44 45 46 48 49 50 51 52 53 122 Part Two Financial Analysis and Forecasting nondiscount department-store businesses. To support sales and earnings growth, this company offers credit to qualified customers. Newspapers Companies 0 and P own newspapers. One is a diversified media company that generates most of its revenues through newspapers sold around the country and around the world. Because the company is centered largely on one product, it has strong central controls. Competition for subscribers and advertising revenues in this firm's segment is fierce. The company has also recently built a large office building for its headquarters. The other firm owns a number of newspapers in relatively small communities throughout the Midwest and the Southwest. Some analysts view this firm as holding a portfolio of small local monopolies in newspaper publishing. This company has a significant amount of goodwill on its balance sheet, stemming from acquisitions. Key to this firm's operating success is a strategy of decentralized decision making and administration. Focus 30 PDF 82F Retailing Companies M and N are two large discount retailers. One firm carries a wide variety of nationally advertised general merchandise. The company is known for its low prices, breadth of merchandise, and volume-oriented strategy. Most of its stores are leased and are located near the company's expanding network of distribution centers. The company has begun to implement plans to expand both internationally and in large urban areas. The other firm is a rapidly growing chain of upscale discount stores. The company competes by attempting to match other discounters' prices on similar merchandise and by offering deep discounts on its differentiated items. Additionally , the company has partnerships with several leading designers. Recently, the firm has divested several Picture Tools Focus 60 UN PDF 82F TRUN TI O Clipboard G36 X fx F G H A B M Retail C N D E O P Newspapers 1 2 Industry 3 Assets 4 Cash & Short Term Investments 5 Receivables 6 Inventories 7 Current Assets - Other 8 Current Assets - Total 9 Net Fixed Assets 10 Assets - Other 11 Intangibles 12 Investments & Advances 13 Assets - Total 14 15 Liabilities & Equity 16 Accounts Payable 17 Debt in Current Liabilities 18 Income Taxes Payable 19 Current Liabilities -Other 20 Current Liabilities - Total 21 LT Debt 22 Deferred Taxes 23 Liabilities - Other 24 Liabilities - Total 25 Stockholders' Equity 26 Total Liabilities & Equity 24.2 12.8 7.0 7.2 51.2 19.6 6.9 22.2 0.1 100.0 16.1 8.1 5.4 2.5 32.1 14.9 3.8 46.1 3.1 100.0 1.4 4.3 4.3 1.3 11.3 54.7 7.2 7.4 2.9 83.5 55.6 11.9 11.7 2.4 81.6 16.0 13.0 1.3 0.0 1119 2.2 9.1 1.6 9.8 0.5 2.8 13.0 26.1 4.8 0.8 8.6 40.3 59.7 100.0 8.5 21.4 5.9 10.2 73 44.8 55.2 100.0 7.4 0.0 0.9 3.8 12.1 51.2 10.7 9.5 83.5 16.5 100.0 9.1 0.0 1.7 13.7 24.5 0.0 1.9 21.0 47.4 72.9 120.3 27 28 Income/Expenses 29 Sales - Net 98.6 82.6 100.0 100.0 30 Cost of Goods Sold 23.9 11.1 53.9 38.5 31 Gross Profit 74.7 71.5 46.1 61.5 32 SG&A Expense 44.5 46.7 17.3 50.5 33 Depreciation 4.5 9.7 6.2 2.0 34 Earnings Before Interest & Taxe 25.7 15.1 22.6 9.0 35 Nonoperating Income (Expense) 0.7 1.1 2.9 0.3 36 Interest Expense (Income) -0.7 0.7 2.9 0.0 37 Special Items -- Income (Expense) 0.0 -63 02 0.0 38 Pretax Income 27.1 9.2 22.8 9.3 39 Income Taxes - Total 91 5.1 7.8 3.5 40 Net Income (Loss) 18.0 4.1 15.0 5.8 41 42 = Look at the case's chart here to see a miscalculated field that caused a non-rounding discrepancy in the 100% line 43 = Field adjusted to make the numbers add up properly 44 45 46 48 49 50 51 52 53 122 Part Two Financial Analysis and Forecasting nondiscount department-store businesses. To support sales and earnings growth, this company offers credit to qualified customers. Newspapers Companies 0 and P own newspapers. One is a diversified media company that generates most of its revenues through newspapers sold around the country and around the world. Because the company is centered largely on one product, it has strong central controls. Competition for subscribers and advertising revenues in this firm's segment is fierce. The company has also recently built a large office building for its headquarters. The other firm owns a number of newspapers in relatively small communities throughout the Midwest and the Southwest. Some analysts view this firm as holding a portfolio of small local monopolies in newspaper publishing. This company has a significant amount of goodwill on its balance sheet, stemming from acquisitions. Key to this firm's operating success is a strategy of decentralized decision making and administration. Focus 30 PDF 82F Retailing Companies M and N are two large discount retailers. One firm carries a wide variety of nationally advertised general merchandise. The company is known for its low prices, breadth of merchandise, and volume-oriented strategy. Most of its stores are leased and are located near the company's expanding network of distribution centers. The company has begun to implement plans to expand both internationally and in large urban areas. The other firm is a rapidly growing chain of upscale discount stores. The company competes by attempting to match other discounters' prices on similar merchandise and by offering deep discounts on its differentiated items. Additionally , the company has partnerships with several leading designers. Recently, the firm has divested several Picture Tools Focus 60 UN PDF 82F TRUN TI O
