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Please provide a SUBSTANTIAL RESPONSE and show ALL calculations. Selected ratios for three different companies that operate in three different industries (merchan- dising, pharmaceuticals, utilities)
Please provide a SUBSTANTIAL RESPONSE and show ALL calculations.
Selected ratios for three different companies that operate in three different industries (merchan- dising, pharmaceuticals, utilities) are reported in the table below: PROBLEM 1-10 ldentifying Industries from Financial Statement Data Ratio Co. A Co. B Co.C Gross profit margin ratio Net profit margin ratio Research and development to sales Advertising to sales Interest expense to sales Return on assets Accounts receivable turnover95 times nventory turnover. Long-term debt to equity 18% 2% 0% 7% 53% n.a. 8% 0.1% 0.1% 15% 7% 17% 17% 1% 11% 4% 1% 12% 5 times 11 times 64% 45% 89% na -not applicable Required Identify the industry that each of the companies, A, B, and C, operate in. Give at least two reasons supporting each of your selections
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