from affiliate 159 48 1 1 2
gross profit 2 161 219 93 53
As you can see above, loss from affiliate in 2009 increased a lot compare to 2008. It means that there is insufficient information to evaluate operating performance just by income statements. Thus investigation of cash flow statements is needed. Further analysis regarding cash flow statement will be dealt in problem D.
valuate the company’s profitability. First, the calculation results above shows the ROA of three companies during 2009. Compared with Tuksu E&C and Keryoung, Hyundai E&C shows the highest ROA, 5.6 % among three companies. So we can conclude that the profitability of Hyundai E&C is the best and they performed well during last year 2009.
Second, we analyzed the ROA of Hyundai according to time
1. Introduction of the project
1) Purpose of project
Through the project, we want to build extensive knowledge about cruise industry and accounting analysis (common size analysis, comparative analysis, and ratio analysis). We believe that the project makes us accounting experts.
Cruise Industry has grown and continues to grow enormously in scale. It is frequently regarded as a small but sig
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Osvaldo Pugliese - a staunch Communist and bandleader.
Anebal Troilo - the patriarchal defender of the tango and related cultural values.
Astor Piazzolla - revolutionized tango music. Founder of tango's Advant - Garde School in 1955. Piazzolla's innovations evoked strong emotions, including outright hatred from many traditionalists who believed he was destroying the
and CEO
John F. Welch Leadership Development Center
GE & McKinsey Leadership workshop
John F. Jack Welch Jr.
America's most respected CEO
Increased the value of the
company from $13 billion to
several hundred billion during
his 20 years of leadership at GE
His management ideas and
leadership skills are both
admired by business
commentators and