https://acehomeworktutors.com/wp-content/uploads/2019/12/ace-1.png 0 0 Student https://acehomeworktutors.com/wp-content/uploads/2019/12/ace-1.png Student2022-09-17 03:45:562022-09-17 03:45:56write my assignment 6224
write my assignment 6224
Using the Annual Report of American Airlines (link below) answer the following questions:
- What is the value of the company’s inventory at year end?
- What was the amount of cost of goods sold for the year?
- What income statement format does the company use? Explain.
- Compute the company’s gross profit percentage for the year end.
- Did the gross profit percentage improve, worsen, or hold steady?
- How does the company’s gross profit percentage compare to the industry?
- What are the company’s inventory turnover and days sales in inventory for the year end? Is there anything interesting to note about these ratios?
http://phx.corporate-ir.net/phoenix.zhtml?c=117098&p=irol-reportsannual (Links to an external site.)Links to an external site.