income statements (Unit : Won)
When you see I/S of Shinsegae from 2005 to 2008, some parts are remarkable. For example, Sales Revenue, Gross Profit or Loss, Operating Income or Loss, Income Loss Before Income Taxes Expenses and Net income or Loss has increased steadily since 2005. So this company can be said had been good at management.
Nowadays, global economic crisis is prevalent a
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% 1.0% 6.0%
Income tax 0.0% 0.9% 0.0% 1.3%
Net Earnings 2.2% 0.1% 1.0% 4.7%
Comments
- Both c
I. Introduction
1. Purpose of the Project
The purpose of this our group was to analyze two similar hospitality companies by using tools learned in accounting class. Based on annual reports of two companies, our group members learned how the terms learned in class is actually used in the report. We hope to understand how certain variation affects accounting items and identify why certain does
expense’, ‘Passenger revenue’, and ‘Fuel expense’ for Income Statement Analysis. For Balance Sheet Analysis we choose ‘Flight equipment’, ‘Air traffic liability’, and ‘Accumulated deficit’. Lastly, we went further on ‘Current Ratio’, ‘ROA’, and ‘Debt to asset’ among 5 Ratio analysis and recommended for these two companies.
<Income Statement>
1. Wage Expense