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
that it did not have any antitrust objections, Delta completed its $2.8 billion acquisition of Northwest.
● Current trends
- They use variety social network service program and global network.
-Affected by rise of an oil price. Because airlines most big expense is fuel tax.
●Current strategies
① Launched global joint ->20 May 2009. Air France KLM group and Delta Air
in sales.Below part is the detailed explanation of the difference in profitability calculated by the current company’s cost system and the ABC system.
Firstly, the Midwest made a mistake when they calculate delivery expenses. They omitted ‘Truck personnel expenses’ category. They under-estimated their truck delivery costs. The actual cost of this service was $75, which is more than 2 tim
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 and consumption of Korean people were also critically reduced. In this bad situation, these profitable results of Shinsegae proved that distribution industry like Shinsegae is economic-defensive. Which means Shinsegae i
Component of Shareholders’ Equity in a Corporation
Stock – Authorized, Issued, and Outstanding
Authorized shares
shares of stock that are available to issue per its corporate charter
Issued shares
shares of stock that have been offered and sold to shareholders
Outstanding shares
shares of stock that are owned by stockholders
Treasury shares
shares of