Expert Q&A Done Looking at the 10 companies listed (A to J), which financial statement/ratios refer to which industry? Why? Justify your answer using the financial ratios and common-size balance sheet Financial statements and financial raties can revical industry-specific differences in financial and operational strategies. Company fundamentals are often similar within an industry, but they may vary significantly across industries. A manufacturing company, for example, should have higher and asses service The of accou receivable days for a bank should be higher than this for a non-financial firm, because harks offering tom loss, whereas non-financial firms rarely offer credit over long periods The goal of this exercise is to improve your understanding of financial statement analysis and financial rati analysis by recognizing industry-specific differences Financial information of 10 undisclosed companies (A to) that operate within 10 different industries has been provided, including each umpany's co size balance sheet (see Exhibit 1), income statement Cee Exhibit 23, and financial ration tee Ex These 10 companies are among the largest and most well-known corporations in the New York Stock Exchange. They are leading companies in their respective industries, and their financial information fe typical industry characteristics. Based on the financial data provided (see Exhibits 1, 2 and 31, identify the industry that each company (A to operates within, hased on the following 10 industry descriptions Ret chain Operates and franchises a set of related restaurants in many different locations worldwide. Ol and gas Operatinationally as an integrated corporation that explores, develops, and se crude oil and natural gas, and produces and trades chemicals and oil products Internet retail. Engages in retail e-commerce of end-user products and subscriptions iterationally purchases merchandise and content from third-party sellers for sale through online store Airline Provides air transport services for travelling passengers and thright, ffes services for partnerships and alliances with other airlines for codeshare agrement Beverage-blic Produces, markets, and sells a variety of non-alcoholic beverages worldwide, including soft drinks, enhanced water, sports drinks, juice, dairy-hond beverages coffee, and energy drinks Book chain, Opentes retail bookstore chains, also sells and rests new and used print and digital textbooks Pharmaceutical. Discovers, develops, mass-produces, markets, and sells bactical products globally serves wholesalers, retailers, hospitals, clinics, pharmacies, gemment, and ancie . Technology ware Develops, licenses, and supports software solutions worldwide, provides consulting services to assist clients in developing, deploying, and managing server and desktop solutions, trains and certifies information technology professionals Grocery store chain Operates tail food and drug stores that offer a full line of groceries, meat and produce as well as cosmetic and drug products Bank Provides comprehensive banking services, including investment banking, retail banking commercial banking, financial transactions processing, and asset management LTD Bill IM *****85 1983 350 350 Expert Q&A Done Looking at the 10 companies listed (A to J), which financial statement/ratios refer to which industry? Why? Justify your answer using the financial ratios and common-size balance sheet Financial statements and financial raties can revical industry-specific differences in financial and operational strategies. Company fundamentals are often similar within an industry, but they may vary significantly across industries. A manufacturing company, for example, should have higher and asses service The of accou receivable days for a bank should be higher than this for a non-financial firm, because harks offering tom loss, whereas non-financial firms rarely offer credit over long periods The goal of this exercise is to improve your understanding of financial statement analysis and financial rati analysis by recognizing industry-specific differences Financial information of 10 undisclosed companies (A to) that operate within 10 different industries has been provided, including each umpany's co size balance sheet (see Exhibit 1), income statement Cee Exhibit 23, and financial ration tee Ex These 10 companies are among the largest and most well-known corporations in the New York Stock Exchange. They are leading companies in their respective industries, and their financial information fe typical industry characteristics. Based on the financial data provided (see Exhibits 1, 2 and 31, identify the industry that each company (A to operates within, hased on the following 10 industry descriptions Ret chain Operates and franchises a set of related restaurants in many different locations worldwide. Ol and gas Operatinationally as an integrated corporation that explores, develops, and se crude oil and natural gas, and produces and trades chemicals and oil products Internet retail. Engages in retail e-commerce of end-user products and subscriptions iterationally purchases merchandise and content from third-party sellers for sale through online store Airline Provides air transport services for travelling passengers and thright, ffes services for partnerships and alliances with other airlines for codeshare agrement Beverage-blic Produces, markets, and sells a variety of non-alcoholic beverages worldwide, including soft drinks, enhanced water, sports drinks, juice, dairy-hond beverages coffee, and energy drinks Book chain, Opentes retail bookstore chains, also sells and rests new and used print and digital textbooks Pharmaceutical. Discovers, develops, mass-produces, markets, and sells bactical products globally serves wholesalers, retailers, hospitals, clinics, pharmacies, gemment, and ancie . Technology ware Develops, licenses, and supports software solutions worldwide, provides consulting services to assist clients in developing, deploying, and managing server and desktop solutions, trains and certifies information technology professionals Grocery store chain Operates tail food and drug stores that offer a full line of groceries, meat and produce as well as cosmetic and drug products Bank Provides comprehensive banking services, including investment banking, retail banking commercial banking, financial transactions processing, and asset management LTD Bill IM *****85 1983 350 350
