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.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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