Companies report the state of their business to their stockholders on an annual basis. The annual report

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Companies report the state of their business to their stockholders on an annual basis. The annual report is a written report that communicates the condition of the corporation to the owners and other stakeholders in the business.
Prepare a brief annual report of your airline and include the following information: Download the following financial reports for your airline business from the Interpretive Simulation website. (You can download these files from your airline to a spreadsheet.) Income statement Balance sheet Cash Flow Next, include write an annual report addressing the following questions:
Marketing: What routes are you serving? Why? Which route is most profitable? Competitive analysis: Who is your competition? How do you benchmark with your competitive firms? What competitive reactions will you be making in the next few quarters? Operations: What aircraft are you using? Why? How do they match to your strategy? What is your approach on aircraft acquisition? Maintenance plan?.
Strategy: What strategic planning theories did you apply? How did your strategy impact your financial results?
Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

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