Analyzing an Income Statement

Analyzing an Income Statement Misty L Watson ACC230 financial Reporting: Peeking infra 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 sales from 2003 to 2004. This affix was $608 trillion equivalent to a 5% augment in sales. This gain was specify to be directly associated with an increase in sales volume, acquisitions and favorable exchange. The growth in digital imagery technology in the grocery is speculateed 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 describe a 4% belittle in gross moolah margin which was account to be attributed to the lessenings inform in traditional product sales among other products and services. The statements reflect a an increa se in favorable exchange which stir up 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 devolve 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 singing to their focused bell reduction programs. Kodak implemented a immense research and study project to increase their efforts in digital technology products. This increase in research and d! evelopment change magnitude their expenses in this menage by 10% from the prior year. The meshwork per share more than doubled from the prior year contributable to operations from earnings reported from...If you want to get a undecomposed essay, order it on our website: BestEssayCheap.com

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