ACC 230 Analyzing Kodak Income Statement
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Analyzing Kodak Income Statement
Analyzing Kodak Income Statement
ACC/230
In this check point I have analyzed the probability ratios of Eastman Kodak Company. The gross profit margin for 2003 was 32.3 percent and for 2004 it was 30.8 percent. This indicates a loss of 1.5 percent. I also calculated the return on assets percentages. For 2003, the return on assets was 4.6 percent and for 2004 the return on assets was 9.8 percent. This was an increase of 5.2 percent. This indicates the company is generating more profits. The last of the profitability percentages I calculated was return on equity. For the year 2003, 7.8 percent was the return on equity. For the year 2004, 14.6 percent was the return on equity. On the consolidated statement of cash flows, the net cash provided by...