Common size income statements
(%) 2009 2008 2007 2006 2005
sales 100 100 100 100 100
gross profit 0 7 17 10 8
operating income -4 3 11 5 4
income before income tax -10 1 9 4 4
net income -8 1 7 1 0
As we can see from the common size income statements, by something, gross profits have been affected a lot. So we look into gross profits in detail.
(4) Gross Profit in detail
(b
③ Environmentally-responsible aviation : By March 2010, EU-based airlines must provide carbon dioxide emission reports. That’s why, over the last six months, several EU airlines have begun using bio-fuel either wholly or in part on certain routes. This trend is now spreading to North America where several airlines have indicated their interest in buying eco-friendly jet fuel.
3. History w
common denominator. Eventually it has a similar desire to form a similar attitude. Based on these facts, with interest from the position of consumers and businesses in the market in Present or the near future, the collective actions of consumers, in other words, we are Studying consumer trends. First before researching consumer trends, we just need to learn about trends and consumption.
First,
trend through the financial analysis
2. Reason for selecting the industry
The reason we selected the restaurant industry is that restaurant industry is showing improvements and seems poised for long-term growth. A fast-paced restaurant’ chain and high brand in the industry is becoming bigger and bigger in the world. Actually, South Korea students can easily see U.S restaurant chain. So we w
trend of weak Korean Won(\) currency, Korean air would probably show similar pattern(low other income and high other expense) or even worse in 2008.
- Overall, both company's level of net earnings is extremely low which means their business is not going well.
Balance Sheet - Common Size
Assets
AMR Corp Korean Air AMR Corp Korean Air
2007 2007 2006 2006
Cash 0.5% 4.5% 0.4% 3.3%
Ac