of separation is that the main office continues to exist and it has 100% equity of NHN business platform corporation which is made newly. This is one of the simple, physical methods. Decision about this separation is decided by determination of stockholders meeting in march 31, 2009 and the date of separation is may 1, 2009. NHN platform corporation's object is online advertisement and operation/
otherincome 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%
Accounts Receivable 3.6% 4.6% 3.4% 4.4%
Short-term Investments 15.4% 0.1% 15.8% 0.1%
Inve
won
Grand Mart
Pork
120,000 won
Mineral Butcher
Drinks
98,000 won
Grand Mart
Other dishes
234,000 won
Table #4
for soft drinks so mart was selected considering transport and storage .
b)Expected returns
- Assumptions
calculate 1,500,000 won based on net income of investment
corresponding set of assumptions
income statement and balance sheet because it does not include the amount of future incoming and outgoing cash that has been recorded on credit. Therefore, cash is not the same as net income, which, on the income statement and balance sheet, includes cash sales and sales made on credit. Cash flow is determined by looking at three components by which cash enters and leaves a company: operations, i