EE204: Business Management for
Electrical Engineers and Computer Scientists

Financial Statements


  1. Financial Statements: The Elements of Managerial Finance (HBS course materials)
  2. Financial Statement Analysis: Identify the Industry (HBS course materials)


In this Sudoku-like exercise, income statements, balance sheets, and selected financial ratios from ten companies, drawn from ten different industries, are presented.
  1. Match the ten firms operating in the ten industries with the ten sets of financial data presented in the case. The objective is to understand how the strategy of a business is reflected in its financial statements.
  2. Why does each of the industries have the patterns of asset use revealed in Exhibits 2-4?
  3. What questions would you have if a company's financials were "outliers"--that is, not fitting the industry norm?

Study Group

For this exercise, work with the study group (4-6 students) that you joined last week. Multiple inputs will improve your accuracy.