Question
In: Accounting
American Airlines revenue is as follows: Revenue 2019 45768 2018 44541 2017 42622 - What is...
American Airlines revenue is as follows:
| Revenue | |
| 2019 | 45768 |
| 2018 | 44541 |
| 2017 |
42622 |
- What is the trend analysis for American Airlines in the past three years?
- the projection of its revenue growth in the coming two years?
- The trend of American Airlines profitability in the past 3 years
Solutions
ekkarill92 answered 1 year agoRelated Solutions
Luther Company’s selected transactions during 2017, 2018, 2019 and 2020 are as follows: Jan. 1, 2017...
Luther Company’s selected transactions during 2017, 2018, 2019
and 2020 are as follows:
Jan. 1, 2017
Purchased a packaging machine for 24.150 TL on account. The
machine has a useful life of 5 years and salvage value of 2.450 TL.
The machine requires installation cost of 12.560 TL and also
company paid transportation cost of 2.000 TL. Machinery will be
depreciated by using double declining
balance method.
March 1, 2018
Paid 314.000 TL cash for a new delivery truck and...
This information is available for Pharoah Company for 2017, 2018, and 2019. 2017 2018 2019 Beginning...
This information is available for Pharoah Company for 2017,
2018, and 2019.
2017
2018
2019
Beginning inventory
$ 103,000
$ 319,000
$ 414,500
Ending inventory
319,000
414,500
472,000
Cost of goods sold
892,000
1,120,500
1,306,000
Net sales
1,200,000
1,605,500
1,903,000
Calculate inventory turnover for Pharoah Company for 2017,
2018, and 2019. (Round answers to 2 decimal places,
e.g. 1.52.)
2017
2018
2019
Inventory turnover
Calculate days in inventory for Pharoah Company for 2017, 2018,
and 2019. (Round answers to 1...
Information pertaining to Noskey Corporation’s sales revenue follows: November 2018 (Actual) December 2018 (Budgeted) January 2019...
Information pertaining to Noskey Corporation’s sales revenue
follows:
November 2018
(Actual)
December 2018
(Budgeted)
January 2019
(Budgeted)
Cash sales
$
80,000
$
100,000
$
60,000
Credit sales
240,000
360,000
180,000
Total sales
$
320,000
$
460,000
$
240,000
Management estimates 5% of credit sales to be uncollectible. Of
collectible credit sales, 60% is collected in the month of sale and
the remainder in the month following the month of sale. Purchases
of inventory each month include 70% of the next...
nformation pertaining to Noskey Corporation’s sales revenue follows: November 2018 (Actual) December 2018 (Budgeted) January 2019...
nformation pertaining to Noskey Corporation’s sales revenue
follows:
November 2018
(Actual)
December 2018
(Budgeted)
January 2019
(Budgeted)
Cash sales
$
180,000
$
160,000
$
100,000
Credit sales
360,000
500,000
260,000
Total sales
$
540,000
$
660,000
$
360,000
Management estimates 5% of credit sales to be uncollectible. Of
collectible credit sales, 60% is collected in the month of sale and
the remainder in the month following the month of sale. Purchases
of inventory each month include 70% of the next...
2017 2018 2019 Total Revenue $ 4,476,412 $ 4,864,985 $ 5,586,369 Restaurant operating costs (exclusive of...
2017
2018
2019
Total Revenue
$
4,476,412
$ 4,864,985
$ 5,586,369
Restaurant operating costs (exclusive of D&A):
Food, beverage and packaging
1,535,428
1,600,760
1,847,916
Labor
1,205,992
1,326,079
1,472,060
Occupancy
327,132
347,123
363,072
Other operating costs
651,644
680,031
760,831
Cost of goods sold
$
3,720,196
$ 3,953,993
$ 4,443,879
Gross Profit
756,216
910,992
1,142,490
SG&A
296,388
375,460
451,552
Depreciation and amortization
163,348...
Data for Tropical Enterprises? follows: 2019 2018 2017 Total Current Assets $400,000 $300,000 $250,000 Total Current...
Data for Tropical Enterprises? follows:
2019
2018
2017
Total Current Assets
$400,000
$300,000
$250,000
Total Current Liabilities
190,000
150,000
125,000
Compute the dollar amount of change and the percentage of change
in Tropical ?Enterprises's working capital each year during 2019
and 2018. What do the calculated changes? indicate?
Begin by selecting the formula to compute the working? capital,
the dollar amount of change and the percentage of change in
Tropical ?Enterprises' working capital.
Working capital =__________________________________
Dollar amount of change...
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Revenue 4,500 6,860 8,409 9,082...
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
Revenue
4,500
6,860
8,409
9,082
9,808
10,593
11,440
12,355
13,344
14,411
Revenue Growth
52.4%
22.6%
8.0%
8.0%
8.0%
8.0%
8.0%
8.0%
8.0%
Production Costs
Fixed Production Expense (excl
depreciation)
575
575
587
598
610
622
635
648
660
674
Variable Production Costs
2,035
3,404
4,291
4,669
5,078
5,521
6,000
6,519
7,079
7,685
Depreciation
152
152
152
152
164
178
192
207
224
242
Total Production Costs
0
2,762
4,131...
KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2019, 2018, and 2017 2019 2018...
KORBIN COMPANY
Comparative Income Statements
For Years Ended December 31, 2019, 2018, and
2017
2019
2018
2017
Sales
$
446,549
$
342,093
$
237,400
Cost of goods sold
268,822
213,808
151,936
Gross profit
177,727
128,285
85,464
Selling expenses
63,410
47,209
31,337
Administrative expenses
40,189
30,104
19,704
Total expenses
103,599
77,313
51,041
Income before taxes
74,128
50,972
34,423
Income tax expense
13,788
10,449
6,988
Net income
$
60,340
$
40,523
$
27,435
KORBIN COMPANY
Comparative Balance Sheets
December 31, 2019, 2018,...
KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2019, 2018, and 2017 2019 2018...
KORBIN COMPANY
Comparative Income Statements
For Years Ended December 31, 2019, 2018, and
2017
2019
2018
2017
Sales
$
378,269
$
289,785
$
201,100
Cost of goods sold
227,718
181,116
128,704
Gross profit
150,551
108,669
72,396
Selling expenses
53,714
39,990
26,545
Administrative expenses
34,044
25,501
16,691
Total expenses
87,758
65,491
43,236
Income before taxes
62,793
43,178
29,160
Income tax expense
11,679
8,852
5,919
Net income
$
51,114
$
34,326
$
23,241
KORBIN COMPANY
Comparative Balance Sheets
December 31, 2019, 2018,...
SWOT analysis of American airlines?
SWOT analysis of American airlines?
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