Review the summarized consolidated statement of income for the manufacturing company whose data is shown here. Use

Question:

Review the summarized consolidated statement of income for the manufacturing company whose data is shown here. Use graphics software to prepare a set of bar charts that shows the data for this year compared with the data for last year.

a. This year, operating revenues increased by

3.5 percent, while operating expenses increased

2.5 percent

b. Other income and expenses decreased to $13,000.

c. Interest and other charges increased to $265,000.


Operating results (in millions)

Operating Revenues............. $2,924,177

Operating Expenses (including taxes) .......2,483,687

Operating Income................ 440,490

Other Income and Expenses........... 13,497

Income before Interest and Other

Charges...................453,987

Interest and Other Charges............ 262,845

Net Income ..................191,142

Average Common Shares Outstanding........ 147,426

Earnings per Share ..............1.30

If you were a financial analyst tracking this company, what detailed data might you need to perform a more complete analysis? Write a brief memo summarizing your data needs.


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Principles of Information Systems

ISBN: 978-1133629665

11th edition

Authors: Ralph Stair, George Reynolds

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