recommendations for Hyundai Motors to combat various risks in the US auto market and become one of the highest world class car manufacturers.
Conclusions
Hyundai Motor has been successful in the US market thanks to high quality cars at low price and improved brand image. The recent economic recession has brought some advantages to Hyundai such as increased demand of small and midsized cars
plans of each selected company).
And then, we are going to analysis Financial statement such as Common-size and Comparative analysis. Also we will analysis Firm performance measure, it will include market-based firm performance measures, accounting-based measures, leverage measures, liquidity measures.
At last, we will make our recommendation for investors rely on our analysis.
Fuel is the highest item
So Aircraft fuel's common size was increased highly
decreases from 2009 to 2010
It may be related to investment on development of facilities and customer service
SECTION A: FINANCIAL ANALYSIS
1. Common Size (i) Income Statements and (ii) Balance Sheets
Income Statement - Common Size
AMR Corp Korean Air AMR Corp Korean Air
2007 2007 2006 2006
Revenues 100.0% 100.0% 100.0% 100.0%
Operating Expenses 95.8% 92.8% 95.3% 93.8%
Operating Income 4.2% 7.2% 4.7% 6.2%
Other Income(Expense) -2.0% -6.2% -3.7% -0.1%
Income before Income Taxes 2.2% 1.0%
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