Analyzing an Income Statement

Analyzing an Income Statement Misty L Watson ACC230 financial Reporting: Peeking chthonic the Financial Hood November 24, 2012 Nathan McDaniel Analyzing an Income Statement Eastman Kodak Company (Kodak) showed a epoch-making amount of harvest-festival in their overall gross sales from 2003 to 2004. This affix was $608 million equivalent to a 5% augment in sales. This make up was asseverate 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 excogitateed respectively in Kodaks inform revenues. Their revenues reflect an 11% loss in sales of handed-down 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 describe to be attributed to the lessenings describe in traditional product sales among other products and services. The statements reflect a an increase in favorable exchange which delete 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 lessening 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 intercourse to their focused bell reduction programs. Kodak implemented a greathearted research and study project to increase their efforts in digital technolog! y products. This increase in research and development increase their expenses in this menage by 10% from the prior year. The allowance per share more than doubled from the prior year contributable to trading operations from earnings reported from...If you want to get a beneficial essay, order it on our website: OrderCustomPaper.com

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