Question

Pick any company in the aerospace industry & go to the financial statement and perform a...

Pick any company in the aerospace industry & go to the financial statement and perform a horizontal analysis on the income statement. What is the trend in the company's net income? What changes are primarily driving this trend? Include a link to this financial statement in your post.

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

http://s2.q4cdn.com/661678649/files/doc_financials/annual/2017/2017-Annual-Report.pdf

Based on my study, I have found out the following observations:-

1) Total revenue is in decreasing trend in the year 2015, 2016 and 2017. Major reason for the same is decrease in the sales of commercial airplane, defence airplanes and global services.

2) Net earnings are in increasing trend from 2015 to 2017. Main reason is decrease in the cost of products.

3) EPS is in increasing trend from 2015 to 2017. Main reason is increase in the net income.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
You are a financial analyst for a large company in the Soap Industry. You have been...
You are a financial analyst for a large company in the Soap Industry. You have been provided with: Four years of annual Income statements and Balance sheets, for your company , Four years of annual Income statements and Balance sheets, for your major competitor Four years of Soap industry statistic on the Industry average financial ratios You have been tasked by your controller to prepare a financial ratio analysis to determine how Suds Inc.’ financial performance compares to (1) the...
Industry standards for finacial statement anlysis: A) are based on a single competitor's finacial performance, B)...
Industry standards for finacial statement anlysis: A) are based on a single competitor's finacial performance, B) are set by the goverment, C) are available for finacial performance and condition of the company industry, D) are based on rules of thumbs, E) compare a company's income with its prior year's income Intra- company standards for financial statement analysis: A) are based on a company's prior performance and relations between its finacial items, B) Are often set by competitors, C) are set...
Pick any one company’s income statement of year 2017 and calculate marketing ROS, net marketing contribution,...
Pick any one company’s income statement of year 2017 and calculate marketing ROS, net marketing contribution, and marketing ROI. Show the procedure. Attach the statement as part of your answer.
The financial statements of the company are shown below: The Company Income Statement 2017 Sales $...
The financial statements of the company are shown below: The Company Income Statement 2017 Sales $ 10,050,000 Cost of Goods Sold 5,825,000 Depreciation Expense 580,000 Gross Profit $ 3,645,000 Selling and Administrative Expenses 2,950,000 EBIT $ 695,000 Interest Expense 275,000 Income before Tax $ 420,000 Taxes 272,000 Net Income $ 148,000 The Company Comparative Balance Sheets 2017 2016 Cash $ 46,000 $ 41,000 Accounts Receivable 647,000 675,000 Inventory 626,000 541,000 Total Current Assets $ 1,319,000 $ 1,257,000 Fixed Assets 2,200,000...
Choose a company from your own and complete this statement. Please provide the company's name and...
Choose a company from your own and complete this statement. Please provide the company's name and the link. ______________________ (Company Name) Financial Statement Assessment Income Statement 2019 2018 Change Sales Gross Profit    G&A       Net Income    Gross Profit Percentage Return on Sales Balance Sheet Cash and Equivalents Inventory Accounts Receivable Debt Other Liabilities Current Ratio Quick Ratio Debt to Equity Ratio
Standard Industry Classification codes (SIC) are used for financial statement “benchmarks” analysis. Your company’s financial results...
Standard Industry Classification codes (SIC) are used for financial statement “benchmarks” analysis. Your company’s financial results would need to be compared to others. SICs provide the format to compare a particular company’s financial data to their respective SIC-industry averages. Explain how you would use SIC codes to analyze a Company Xs Accounts Receivable Turnover of four times per year versus a SIC rate of eight times per year.
1. A common size financial statement is a useful tool in performance evaluation because it enables...
1. A common size financial statement is a useful tool in performance evaluation because it enables the user to: A.        compare one company’s performance in different periods. B.         evaluate the direction a business is taking over a longer period of time. C.         evaluate relationships between key components in the financial statements. D.        compare companies of different sizes in the same industry. 2.         Comparing one company against a competitor or against industry averages is called:             A.        benchmarking. B.         comparative analysis....
Quantum Moving Company has the following data. Industry information also is shown.      Company data (in...
Quantum Moving Company has the following data. Industry information also is shown.      Company data (in M of AED) Industry Data on Year Net Income Total Assets Net Income/Total Assets 2014 AED 420 AED 2,840 14.0 % 2015 420 3,260 12.8 2016 410 3,830 11.9    Calculate the company's data in terms Return On Assets Ratio for every year (2014, 2015 and 2016). (1.5 marks) As an industry analyst comparing the firm to the industry, explain the trend of these...
Income statements for Zachary Company for Year 3 and Year 4 follow: ZACHARY COMPANY Income Statements...
Income statements for Zachary Company for Year 3 and Year 4 follow: ZACHARY COMPANY Income Statements Year 4 Year 3 Sales $ 201,600 $ 181,600 Cost of goods sold 143,300 121,300 Selling expenses 20,200 18,200 Administrative expenses 12,100 14,100 Interest expense 3,500 5,500 Total expenses $ 179,100 $ 159,100 Income before taxes 22,500 22,500 Income taxes expense 6,900 3,600 Net income $ 15,600 $ 18,900 Required a. Perform a horizontal analysis, showing the percentage change in each income statement component...
Answer true or false to the following statements (Due 3/4/2020 - Please submit your answer)) 1.Intracompany...
Answer true or false to the following statements (Due 3/4/2020 - Please submit your answer)) 1.Intracompany comparisons of the same financial statement items can often detect changes in financial relationships and significant trends. 2.Analysis of financial statements is enhanced with the use of comparative data. 3. Horizontal, vertical, and circular analyses are the most common tools of financial statement analysis. 4. Another name for trend analysis is horizontal analysis. 5. In the vertical analysis of the income statement, each item...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT