In: Accounting
1. At the start of the chapter, we talked about how risky and volatile airlines’ operations were. Let’s examine this further. Go to finance.yahoo.com. Enter UAL for United Continental Holdings in the “Get Quotes” box. Go to “Company” along the left-hand margin.
2. Click on “Competitors.” How does UAL compare (https://finance.yahoo.com/quote/UAL/profile?p=UAL)
Revenue |
12/31/2016 |
12/31/2015 |
12/31/2014 |
||
Total Revenue |
36,556,000 |
37,864,000 |
38,901,000 |
||
Income from Continuing Operations |
|||||
Total Other Income/Expenses Net |
23,000 |
-327,000 |
-562,000 |
||
Earnings Before Interest and Taxes |
4,361,000 |
4,839,000 |
1,811,000 |
||
Interest Expense |
542,000 |
620,000 |
683,000 |
||
Income Before Tax |
3,819,000 |
4,219,000 |
1,128,000 |
||
Income Tax Expense |
1,556,000 |
-3,121,000 |
-4,000 |
||
Minority Interest |
- |
- |
- |
||
Net Income From Continuing Ops |
2,263,000 |
7,340,000 |
1,132,000 |
||