Help me study for my Management class. I’m stuck and don’t understand.
To sum up, using the financial statement data provided, identify the industries represented by the 14 sets of financial statement data. Start with outliers. What things stand out and why. For instance, what kind of a firm would have no inventory and why? What about receivables, who would have a lot of them and who just a little? What businesses can collect receivables quickly and which kinds maybe not so fast? What kind of firm would have a lot of plant, property, and equipment? Who would have a lot of cash? A lot of debt? Not much debt?
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