1. Describe the trend of revenues from 2007 to 2010. What observations can be drawn? 2. Describe the trend of direct costs from 2007 to 2010. What observations can be drawn? 3. Describe the trend of operating expenses from 2007 to 2010. What observations can be drawn? 4. Describe the trend of operating income from 2007 to 2010. What observations can be drawn? 5. Describe the trend of net income from 2007 to 2010. What observations can be drawn
1. Describe the trend of revenues from 2007 to 2010. What observations can be drawn? 2. Describe the trend of direct costs from 2007 to 2010. What observations can be drawn? 3. Describe the trend of operating expenses from 2007 to 2010. What observations can be drawn? 4. Describe the trend of operating income from 2007 to 2010. What observations can be drawn? 5. Describe the trend of net income from 2007 to 2010. What observations can be drawn
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
1. Describe the trend of revenues from 2007 to 2010. What observations can be drawn?
2. Describe the trend of direct costs from 2007 to 2010. What observations can be drawn?
3. Describe the trend of operating expenses from 2007 to 2010. What observations can be drawn?
4. Describe the trend of operating income from 2007 to 2010. What observations can be drawn?
5. Describe the trend of net income from 2007 to 2010. What observations can be drawn?
![GMA NETWORK INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
currency in philippine pesos, in millions
% of change from 2007
2010
2009
2008
2007
Revenues
19.27%
13.87%
3.56%
0.00%
Cost of Goods Sold
20.49%
10.84%
3.44%
0.00%
GROSS PROFIT (Gross Income/Net Revenues)
18.45%
15.92%
3.64%
0.00%
Selling General & Admin Expenses, Total
30.73%
18.80%
3.51%
0.00%
Depreciation & Amortization, Total
-4.95%
10.35%
13.57%
0.00%
Other Operating Expenses
30.57%
34.11%
10.84%
0.00%
OTHER OPERATING EXPENSES, TOTAL
26.41%
18.51%
5.08%
0.00%
INCOME FROM OPERATIONS (Operating Income)
11.82%
13.76%
2.45%
0.00%
Interest Expense
83.55%
61.47%
60.61%
0.00%
Interest and Investment Income
3.90%
-22.31%
-7.53%
0.00%
Income (Loss) on Equity Investments
315.63%
-259.38%
-118.75%
0.00%
Currency Exchange Gains (Loss)
-34.21%
51.58%
101.58%
0.00%
Other Non-Operating Income (Expenses)
-79.91%
-68.61%
-54.34%
0.00%
Gain (Loss) on Sale of Assets
1837.50%
1375.00%
3925.00%
0.00%
Other Unusual Items, Total
-100.00%
-97.65%
-95.29%
0.00%
NET INCOME BEFORE TAX
9.92%
11.22%
2.06%
0.00%
Income Tax Expense
-14.95%
-10.83%
0.81%
0.00%
NET INCOME
22.26%
22.15%
2.67%
0.00%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2f30c874-9ab9-49f1-8078-5930ad484b58%2F3bd370a8-d2b0-4a94-806b-36edd08845a3%2Fwo0g0q8_processed.png&w=3840&q=75)
Transcribed Image Text:GMA NETWORK INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
currency in philippine pesos, in millions
% of change from 2007
2010
2009
2008
2007
Revenues
19.27%
13.87%
3.56%
0.00%
Cost of Goods Sold
20.49%
10.84%
3.44%
0.00%
GROSS PROFIT (Gross Income/Net Revenues)
18.45%
15.92%
3.64%
0.00%
Selling General & Admin Expenses, Total
30.73%
18.80%
3.51%
0.00%
Depreciation & Amortization, Total
-4.95%
10.35%
13.57%
0.00%
Other Operating Expenses
30.57%
34.11%
10.84%
0.00%
OTHER OPERATING EXPENSES, TOTAL
26.41%
18.51%
5.08%
0.00%
INCOME FROM OPERATIONS (Operating Income)
11.82%
13.76%
2.45%
0.00%
Interest Expense
83.55%
61.47%
60.61%
0.00%
Interest and Investment Income
3.90%
-22.31%
-7.53%
0.00%
Income (Loss) on Equity Investments
315.63%
-259.38%
-118.75%
0.00%
Currency Exchange Gains (Loss)
-34.21%
51.58%
101.58%
0.00%
Other Non-Operating Income (Expenses)
-79.91%
-68.61%
-54.34%
0.00%
Gain (Loss) on Sale of Assets
1837.50%
1375.00%
3925.00%
0.00%
Other Unusual Items, Total
-100.00%
-97.65%
-95.29%
0.00%
NET INCOME BEFORE TAX
9.92%
11.22%
2.06%
0.00%
Income Tax Expense
-14.95%
-10.83%
0.81%
0.00%
NET INCOME
22.26%
22.15%
2.67%
0.00%
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