Delta Air Lines, Inc. (DAL) ponides cargo and passenger services throughout the workd. The following aperating data (in millions) were adapted from recent financial statements of Delta. Year 1 Year 2 Ravenue $ 37,773 $ 40 362 Operating expens Fuel... $ 8397) S(11,668) (13,070) (10,905) .513) S8,156) $ 1,206 Aircraft related (11225) Seling and general . Other expenies.... Total operating espenses Operating income- (1,92) 34373) $ 1400 1. Prepare cimmon-sized income stalements for Years i and 2. Round to one decimal place. 1. Using your answer to (1), analyze and comment on the performance of Delta in Tear 2.

Delta Air Lines, Inc. (DAL) ponides cargo and passenger services throughout the workd. The following aperating data (in millions) were adapted from recent financial statements of Delta. Year 1 Year 2 Ravenue $ 37,773 $ 40 362 Operating expens Fuel... $ 8397) S(11,668) (13,070) (10,905) .513) S8,156) $ 1,206 Aircraft related (11225) Seling and general . Other expenies.... Total operating espenses Operating income- (1,92) 34373) $ 1400 1. Prepare cimmon-sized income stalements for Years i and 2. Round to one decimal place. 1. Using your answer to (1), analyze and comment on the performance of Delta in Tear 2.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 3RE: Shaquille Corporation began the current year with inventory of 50,000. During the year, its...

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