Question
The table below presents the common-sized financial statement information for three companies in different industries. These common-sized balance sheets and income statements express various items
The table below presents the common-sized financial statement information for three companies in different industries. These common-sized balance sheets and income statements express various items as a percentage of total assets and operating revenues respectively. A list of these companies and a brief description of their activities follows.
Myer (MYR)
Operates department stores in Australia.
Seek (SEK)
Provides online advertising for employment classifieds, occupational training, and courses.
Webjet (WEB)
Provides online travel bookings and related services. The company offers travel websites in Australia, New Zealand, North America, Asia and the UK.
Required:
Match the companies in the table with these companies listed above and explain your reasons. One reason for each company matched.
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