Principles of Accounting_Unit4_IP

Principles of Accounting_Unit4_IP - Principles of...

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Unformatted text preview: Principles of Accounting Principles of Accounting 1 Unit 4 Individual Project Sprint Nextel Corp Sprint Nextel Corp ► Total Revenue: 2005­2009 Year: 2009 2008 Total Revenue: 32,260 35,635 40,146 41,003 28,771 Cost of Revenue: 16,435 16,746 2007 17,191 2006 16,763 2005 12,537 Sprint Nextel Corp Sprint Nextel Corp ► Gross Profit: 2005­2009 Year: 2009 2008 2007 2006 2005 Cost of Revenue Total: Gross Profit: 16,435 16,746 17,191 16,763 12,537 15,825 18,889 22,955 24,240 16,234 Sprint Nextel Corp Sprint Nextel Corp ► Operating Income: 2005­2009 Selling: 9,453 11,355 12,673 11,957 8,850 R&D: 0 0 0 0 0 Depreciation: 7,416 8,407 8,933 9,592 5,200 Interest Expense: Unusual Expense: Other Expense: Operating Income: 0 0 0 0 0 447 1,798 30,089 207 43 ­93 ­29 0 0 0 ­1,398 ­2,642 ­28,740 2,484 2,141 Financial Performance: Financial Performance: ► Cash from Operating, Investing and Financing Activities: Year: 2009 2008 2007 2006 2005 Cash from Operating Activities: 4,891 6,179 9,245 10,958 10,679 Cash from Investing Activities: ­3,844 ­4,250 ­6,377 ­11,392 ­4,724 Cash from Financing Activities: ­919 ­484 ­2,668 ­6,423 ­1,228 Judging by the amount of incoming cash from activities, there shows an Obvious decline in financial performance from the year 2005 to 2009. References: References: http://moneycentral.msn.com/investor/invsub/results/statemnt.aspx? Symbol=s&lstStatement=CashFlow&stmtView=Ann ► "Sprint Nextel Corporation". Google Finance. ► ► Dignan, Larry (2009­07­10). "Sprint outsources network to Ericsson". CNET. Retrieved 2009­07­25. "Ericsson will now handle all the day­to­day operations and maintenance. The transfer of the network and the employees that go with them is set to happen by the end of the third quarter. ... Sprint didn't disclose exact numbers on savings." ...
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This note was uploaded on 02/17/2012 for the course ITCO 101 taught by Professor Gugenhiem during the Spring '12 term at AIU Online.

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