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Essay text:
We also found that the percentages for inventory (10.2% for Column A versus 11.7% for the industry), accounts receivables (9.9% for Column A versus 14.4% for the industry), accounts payable (7.9% for Column A versus 8.5% for the industry), and long-term debt (a combined 34.4% for Column A versus 30.5% for the industry) were within industry norms. We expected the Malt Beverage industry to have a rather low net profit margin, as this industry is more likely to make profit on volume rather than on per-item sales. The industry average net profit is 5.4% versus 4.7% for Column A. Fixed assets for Column A also fit with industry norms, Column A having 39% of its assets in property, plant and equipment versus 50...
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