Analyzing an Income Statement

Analyzing an Income Statement Misty L Watson ACC230 financial Reporting: Peeking chthonian the Financial Hood November 24, 2012 Nathan McDaniel Analyzing an Income Statement Eastman Kodak Company (Kodak) showed a substantive amount of harvest-festival in their overall gross revenue from 2003 to 2004. This affix was $608 cardinal equivalent to a 5% augment in sales. This adjoin was communicate to be directly associated with an increase in sales volume, acquisitions and favorable exchange. The growth in digital imagery applied science in the grocery is hypothecateed respectively in Kodaks inform revenues. Their revenues reflect an 11% loss in sales of conventional proceedss from the prior stratum and an increase of %42 percent in digital products. Kodak report a 4% belittle in gross moolah margin which was report to be attributed to the lessenings describe in traditional product sales among other products and services. The statement s reflect a an increase in favorable exchange which scrub the impact in the gross profit margin reported from traditional product sales and services.

Kodak paid out 2% of their annual perfect of sales, general and administrative (SG&A) expenses as the result of profound settlements finalized and disclosed in 2004. However, overall Kodak reported a diminution of 4% in SG&A expenses from the prior year. This decrease was possible due to a decrease in stipend paid with staff eliminations in comparison to their focused bell reduction programs. Kodak implemented a biggish research and study projec t to increase their efforts in digital techn! ology products. This increase in research and development change magnitude their expenses in this menage by 10% from the prior year. The net per share more than doubled from the prior year contributable to operations from earnings reported from...If you want to get a full-of-the-moon essay, order it on our website: BestEssayCheap.com

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