Using the charts provided answer the following question:
Company A
Company B
5 For each company, compute the Property, Piant and Equipment as a percentage of total assets and post your answers in the chart below. a) Did Company A's Property, Plant and Equipment as a percentage of total assets increase or decrease over this time period? b) Did Company B's Property. Plant and Equipment as a percentage of total assets increase or decrease over this time period? c) What could be a possible reason for these results Property, Pant and Equipment as a percentage of total assets 2020 2019 2018 2017 2016 Company Company B - Company Balance Sheet in millions A 1201/19 12/10 12/317 1211116 12/01/20 12/31/17 12/11/16 Current assets $100.004 66,58 34. 356 SHES 62.212 12 313 5 7. 16, . 2.28 tar 17.132 1.754 0 18. 1842 Company Income Statement For the 12 months andad Line 12/3120 12110 12/3110 $132.110 $110,225 S900 201 87,267 72.663 71.049 544.153 37,672 37.100 24,447 19.40 19513 1.100 1870 0 247 20,575 21.728 21830 $18.278 15.45 15.530 47 03 951 1 1.200 1051 16 1,300 1.128 974 1,678 1.15 4.11 1473 $13,0665 11.22 $11.121 1.074 1.099 11 $11.30 51020 1.097 1.140 31134 31025 2.992 563 2017 M705 5.982 7120 4311 118 Net Sales Cost of goods Gross Pro Operating expenses Sling gerea and adve and on operating expenses Operating come nterest and other income Interest and rearrcome bel Other Interest tandomer, net Emirgs before provision for Income on Income Tax Net Income Taste etage common share in shara Baskeaning or share on dos persone) Diluted weighted average common shares Dlated earnings get stare in collars per she S 2013 $ 1778 $ 3. 5 2.53 2.500 1,552 2.025 14,591 12920 1,040 390 636 600 22.770 22375 22075 23954 0 0 0 2.254 2252 2.295 2095 807 847 1266 1.295 SLU. 3.44.002.344.529.3:42.018 Operating 5.54 1.675 14,681 (14) 1051 0 990 13.00 SO 5 3.630 36 972 SL 45 1455 930 12,401 4514 5 7.657 Cash and cannot Receivable, Merchandise earlies Other current sens Total curent assets Property Port, and expert ret besef Goode Other assets Total Current liabilities: Shorstorm Accounts Payable Accred salaries and related expenses Gres Tax payable Deformed levere Income a payla Current ments of tong.com Current operating lease dates Other accrued beses Teracotes Long-term deckungen currentiels Long termas Deformed income Othering tomaten To 7244 13 7755 106 656 710 7.000 1484 4,660 175 1.606 2,000 774 195 149 125 3063 2.325 978 7.787 1,404 006 66 1.319 820 2.67% 1.220 56.47 1.234 3645 2.106 7 1078 1.134 S729 54 1. 25 562 11 1.050 0 2011 an 2,170 T4 2.100 12121 tres compreses. But whes nosom 26.807 36.622 5.356 1.131 1.807 2202 20.670 6.066 706 1,505 5 491 17 25 24.257 0 400 2.14 22.349 0 295 1.895 2012 Company Statement of Comprehensive Income For the 12 months ended tamil Stockholdere Equity 123120 2011 12/31/18 2/3117 123116 89 $12.00 $11,121 5 8630 5 7.907 ht 60 Nel come Other civeco (osnet of Foreign currito ustrert Cash flow and free Total other comprender como Comprehensive $11.242 53 8 311 -1 Common rock, perse 90.66 hoice 10.000 1077 euro Recared Acouried offer corre Treasury o tom Total de Tots dokter uly 11540 5.14 6711 15.7931 11.001 10578 51.220 46423 30 02 06.1967 58.1961 3.1161 11878) LGT 16.192 38,935 (566 146.1961 8787 35.510 667) 40.14 53 34 AERO 2014 .. MO . ILOIL ZIL 12/31/16 12/31/18 $11,121 12/31/17 $8,630 $7,957 0 43 Company A Statement of Cash Flows For 12 months ended (in millions 12/31/20 12/31/19 Cash Flows from Operating Activities: Net earnings (income) $12,866 $11,242 Reconciliation of net earnings to cash provided by operating activities: Depreciation and amortization 2,519 2,296 Stock-based compensation expense 310 251 Impairment loss Changes in receivables, net (465) (170) Changes in merchandise inventories (1,657) (593) Changes in other current assets (135) Changes in accounts payable and accrued expenses 5,118 Changes in deferred revenue 702 334 Changes in income taxes payable (149) Changes in deferred income taxes (569) Other operating activities Net cash provided by operating activities 18,839 13.687 Cash Flows from Investing Activities Capital expenditures (2.463) (2,678) Payments for business acquired, net (7.780) Proceeds from sales of property and equipment Other investing activities 73 (12) Net cash used in investing activities (10.170) (2.653) Flows from Financing Activities (Repayments of/Proceeds from short-term debt, net (974) (365) Proceeds from long-term debt, net of discounts and premiums 7.933 3,420 Repayments of long-term debt (2.872) (1.070) Repurchases of common stock (791) (6.965) Proceeds from sale of common stock 326 280 Cash dividends (6.451) (5,958) Other financing activities (154) (140) Net cash used in financing activities (2.983) (10,798) 2.152 282 247 33 (1,244) (257) 870 80 (42) 26 (103) 13,165 2,062 273 0 139 (84) (10) 352 128 29 92 420 12.031 1,973 267 0 (138) (769) (48) 446 99 109 (117) 4 9.783 32 44 202 184 121 0 37 0 (2.442) (21) 33 14 (2.416) (1,897) (374) 47 (4) (2.228) (1,621) 0 0 38 (1.583) (220) 850 360 3,466 (1,209) (9,963) 236 (4.704) (153) (12,547) 2.991 (543) (8,002) 255 (4,212) (209) (8.870) 4,959 (3.045) (7.000) 218 (3,404) 42 (7.870) 5.686 236 (1.798) 933 330 Change in cash and cash equivalents Effect of exchange rate changes on cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 76 119 2.133 1.778 $ 7.895 $2.133 (19) 3,595 $ 1.778 124 2,538 $ 3,595 (8) 2.216 $ 2538 Company Income Statement in million Ford Enter Cemy Balance Sheet Aso in milions 133120 12/31 12/31/18 1201/17 12/31/16 12/3120 12/3119 12/31/18 12/31/17 12/31/16 372.14 SM 100 10450 864 15.7 12 571,300 S610 S. 5, SA 2 PRE 17413 14444 15.120 1412 1401 14 M I 401 ME 311 124 16 4:57 0 464 0 AL 100 24 Nutres Cistered BAN Geo Pro 2 Open Slingers and me 16.5 Depinde 1.00 Totul este penyone Werstand van come Were KT2 Lennom Game 7720 come Tasker TIENTE Bene dalan perhe BYTT Die rug person in aller per tor 1.79 5588 100 16.3 68 $12.722 S10721 Current assets Cash and cushions Short termes Merchandise stories et percumente Telenet Property, we, and more penting a house Lavar westers butured one Goodell B1 120 710 O S4.00 SY16 5511 160 216 1619 13.10 12.51 997 1,263 230 $15.355 14 18,608 STA 3.01 200 372 29 10 216 204 301 393 TOR AR LIMO MB 222 10 7 915 130 35. 3214 124 14.00 1.00 13.45 13:47 0 Current white tentando Current retainer.com Curre este AS Patio A sede Deferred Ort To com 722 1.10 . 610 7 541 1034 10 100 325 10.730 301 7.00 604 12 2.000 052 1.200 242 144 . 6.500 27 370 70 1203 1915 Company stofnun For the same ended in mo 16.00 20.000 30 670 M 101 o 27 1.140 WAL 0 70 204 Pu 2. 100 905 2312001 2017/18 12/31/16 Netcom $$ 401 214 340 13.000 One overcome.fm Foregras 70 221 25 194 Cush Towered 22 - 0 0 one O Tother conveni.com) 22 201 154 Carroshe nome RESUL LINI Dette er Warranty One Sparrow Pred rokom Common wok. 5.50 si devi Pidin capital Helanden counted other come incomo Totalherberly Totables and workers . . 0 ME 11 101 o 2452 415 22 11 0 24 240 LEM 11 102 SE SUMAR 1107 2021 Company B Statement of Cash Flows in millions) For the 12 months ended 12/31/20 1231/19 12/31/18 12/31/17 12/31/16 5,835 $4.281 52.314 53.447 53,093 1,590 1410 468 1.540 0 53 177 Cash flows from operating activities: Net earnings Adjustments to reconcile net earnings to net cash provided by operating activities Depreciation and amortization Noncash lease expense Deferred income taxes Loss on property and other assets - net Impairment of goodwill Loss on extinguishment of debt Loss/(gain) on cost method and equity method investments Share-based payment expense Changes in operating assets and liabilities Merchandise Inventory.net Other operating assets Accounts payable Other operating liabilities Net cash provided by operating activities 1,594 479 (108) 139 0 1.000 1607 0 (151) 630 952 0 117 Dos 0 464 143 0 0 0 12 98 82) 302 155 74 (2.967) 326 3.211 1.325 (600) (376) (637) (654) 4205 (1.289) (110) 1720 437 6791) 250 (92) 137 5295 (178) (183) 653 79 5.617 Cash flows from investing activities Purchases of investments (3,094 (743) (1.373) (981) (1.192) 1393 2.926 (1.791) 695 (1,484) 1.114 (1.123) 1.254 (1.167) 90 163 0 0 11.340 76 0 2) 3.A 45 (509) 13 (25) 11.895 37 2.356) 63 (941) 7,929 (5,618) 220 3,972 (1,113) (415) 0 (326) 625 2,968 2849 468 3.257 (1.173) Proceeds from sale/maturity of investments Capital expenditures Proceeds from sale of property and other long-term assets Acquisition of business - net Othernet Net cash used in investing activities Cash flows from financing activities: Net change in commercial paper Net proceeds from issuance of debt Repayment of long-term debt Proceeds from issuance of common stock under share-based payment plans Cash dividend payments Repurchase of common stock Other.net Net cash used in financing activities Efect of exchange rate changes on cash Net increase (decrease) in cash and cash equivalents including cash classified within current assets held for sale Less: net increase rease) in cash classified within current assets held for sale Cash and cash equivalents, beginning of year Cash and cash equivalents, end of year 152 (1.704) (4971) (38) 5.191 10 118 (1.618) 14.568) 274 2.735) 1 114 (1.455) 2,012) (30) 5.174 (12) 139 (1.288) (3.174) (28) SRAZ 13 139 (1.121) (3.577) (93) 120022 (11) 31974 19 23 _13 716 4.RO 12 511 $716 (54) 588 $511 0 558 $589 405 $558