Financial Detective, 2005

Industry: Hardware and Tools

Companies K and L manufacture and sell hardware and tools.

One of the companies is a global manufacturer and marketer of power tools and power-tool accessories, hardware, and home-improvement products, and fastening systems. The firm sells primarily to retailers, wholesalers, and distributors. Its products appear under a variety of well-known brand names and are geared for the end user.

The other tool company manufactures and markets high-quality precision tools and diagnostic-equipment systems for professional users. The firm offers a broad range of products, which it sells via its own technical representatives and mobile franchise dealers. The company also provides financing for franchises and for customers' large purchases.

Question: Identify which is Company K and L from the paragraph, using the following financial data and ratios.

Exhibit 1 THE EIN A NCIA I METERTIVE DORE