PROBLEM CC?1 Analysis of Credit Quality Anheuser-Busch Companies

Selected financial ratios from the (i) S&P 400, (ii) the brewing industry, and (iii) Anheuser-Busch Companies (BUD), for Years 2 through 6, are reproduced below. Required: a. Using these financial ratios, analyze the relative credit position of: (1) Brewing industry compared with the S&P 400. (2) Anheuser-Busch compared with the brewing industry. (3) Anheuser-Busch compared with the S&P 400. b. Using these financial ratios and your analysis from (a), describe the current position of Anheuser-Busch, and discuss whether you feel there has been a change in the credit quality of Anheuser-Busch during this five-year period.

PROBLEM CC-1 Analysis of Credit Quality Anheuser-Busch Companies Selected financial ratios from the (i) S&P 400, (ii) the brewing industry, and (iii) Anheuser-Busch Companies (BUD), for Years 2 through 6, are reproduced below. Required: a. Using these financial ratios, analyze the relative credit position of: (1) Brewing industry compared with the S&P 400. (2) Anheuser-Busch compared with the brewing industry. (3) Anheuser-Busch compared with the S&P 400. b. Using these financial ratios and your analysis from (a), describe the current position of Anheuser-Busch, and discuss whether you feel there has been a change in the credit quality of Anheuser-Busch during this five-year period