Analyzing an Income Statement

Analyzing an Income Statement Misty L Watson ACC230 financial Reporting: Peeking beneath the Financial Hood November 24, 2012 Nathan McDaniel Analyzing an Income Statement Eastman Kodak Company (Kodak) showed a pregnant amount of harvest-festival in their overall gross sales from 2003 to 2004. This affix was $608 one million million million equivalent to a 5% augment in sales. This improver was certify to be directly associated with an increase in sales volume, acquisitions and favorable exchange. The growth in digital imagery engineering in the grocery is deliberateed respectively in Kodaks inform revenues. Their revenues reflect an 11% loss in sales of tralatitious proceedss from the prior stratum and an increase of %42 percent in digital products. Kodak inform a 4% belittle in gross moolah margin which was report to be attributed to the lessenings report in traditional product sales among other products and services. The statem ents reflect a an increase in favorable exchange which counterbalance 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 simplification 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 congress to their focused bell reduction programs. Kodak implemented a stupendous research and study project to increase their efforts! in digital technology products. This increase in research and development change magnitude their expenses in this menage by 10% from the prior year. The pay per share more than doubled from the prior year contributable to operations from earnings reported from...If you want to get a climb essay, order it on our website: BestEssayCheap.com

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