In this case, you are taking on the role of a financial analyst detective. The data on the next page represents condensed financial statements for the following 12 international companies as a percentage of operating revenues. (That is, total operating revenues appear as 100%; all other numbers are divided by operating revenues.)

1. Large hotel group. Has grown in recent years by acquiring established hotel chains.
2. Large industrial group. Offers flat-rolled steel products, primarily to the European automobile industry.
3. International Retail. Operates grocery supermarkets in Europe, Latin America, and Asia.
4. Telecom. Large European provider of wired and wireless telecommunication services.
5. Financial. Offers both insurance and banking services.
6. Business Services. Creates advertising campaigns for clients. It acquired other marketing services firms in recent years.
7. Domestic retail. Operates departments stores in England and other retail stores in Europe and the U.S. offers its own credit card for customers' purchases.
8. Food. Large food processor, offering prepared foods, coffees, milk-based products, and mineral waters.
9. Pharmaceutical. Creates, manufactures, and distributes a wide variety or prescription drugs.
10. Tech. Designs, manufactures, and sells engineering workstations and servers used to maintain integrated computer networks.
11. Utilities. Provides electric power services, primarily to the Tokyo community. It maintains almost a monopoly position in its service area.
12. Automobile. Manufactures automobiles and offers financing services to its customers.

Assignment: Use whatever clues you can (but no web search) to match the companies with the financial statements. Use the attached form to record your answers (this form will be collected).