acc230week4chkpnt - Kodak had a significant decrease in...

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Shantorria Neal Analyzing an Income Statement ACC/230 12/02/10
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Eastman Kodak has established a growth in net sales every year beginning in 2002 up to the year 2004. In 2002, Eastman Kodak’s operating sales grew a lot in over a year. In 2004, operating sales came down tremendously. Also, in that same year Kodak’s earning per share was 1.94 in total which is a 1.06 increase from the year 2003. But on the good note their sales grew about 3% that same year. There was a huge increase in restructuring and others cost (which is about a 40% - 50% increase) in the year 2004. The cost of goods sold decreased by about 9% during the years of 2003 to 2004.
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Unformatted text preview: Kodak had a significant decrease in gross profits over the years of 2002-2004. There was a negative 5% change from the years 2003-2004 alone. The EBT has a 191% change between the years 2003 and 2004. The EBIT has a negative 71% change during the same period. Kodak made a good step when they starting using the digital imaging systems. Kodak’s gross profit margin has deteriorated all three years. If Kodak had not had a severe decline in their traditional products they would have generated better sales results despite that the digital products that Kodak produces gave them a 42% growth in revenue alone in 2004....
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acc230week4chkpnt - Kodak had a significant decrease in...

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