Question

In: Accounting

1. At the start of the chapter, we talked about how risky and volatile airlines’ operations...

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

Solutions

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