Accounting Operating income it typically defined to include all operating expenses other than depreciation and taxes (Investopedia, 2011). Because the airplanes are leased, there is no depreciation for West Coast Airlines to take into consideration anyway. The operating income is as follows: Revenue AVG Passengers Variable fuel Revenue/pass Food & Beverage F&B/pass Fixed Lease Ground Services Flight Crew Operating Income The company right now is losing $31,012.50 on every one-way flight to Fiji. If the company lowers the cost of the flight in

Ratios are one way to help assess the relative financial strength of an organization. Just as there are numerous ways that organizations can be organized, there are numerous different ratios that can be used to evaluate an organization's working capital and cash. Richard Loth breaks these various ratios into six different broad categories: liquidity measurement ratios, profitability indicator ratios, debt ratios, operating performance ratios, cash flow indicator ratios, and investment

conflict of interest is at the core of nearly every ethical dilemma. A conflict of interest, simply put, is a situation in which the decision maker has two or more competing interests. Market timing, late trading, insider trading, illegal trading, fraud, partial disclosure, non-disclosure...the manifestation of conflicts of interest is seemingly endless. The business landscape today is a minefield of ethical disasters, some of which have already occurred, some

Income Statments Home Depot, Lowe's and the British company Wolseley are three of the major companies in the building materials retailing industry. This paper will compare the revenues of these three companies over the past five years to gain a sense of how they have been performing. The prevailing economic conditions have been negative for the industry, since the industry is heavily dependent on the health of the housing market (Isidore,

Having a free market economy is one of the things that makes growth possible, although there is also inherent risk in it. More than one company can offer services, and the competition of more than one or two companies will help to keep services competitive and prices low. Competition, however, can also have its problems. Because of the way that some products are packaged and structured, and the multiple

Finance Income Statement Income $36,000.00 COGS Gross Income $36,000.00 Expenses Rent $9,600.00 Car $5,062.00 Food $4,784.00 Clothing $1,481.00 Communications Other Expenses $1,675.00 Operating Income $12,438.00 Interest Exp $1,800.00 Income before taxes $10,638.00 Income tax $10,800.00 Net Income Balance Sheet Assets Cash Car $14,600.00 Supplies Total Assets $15,365.40 Liabilities Car Loan $14,600.00 Credit Card $5,000.00 Total Liabilities $19,600.00 Equity -$4,234.60 a) Bauman Company's current and quick ratios for the past four years are as follows: Item 2009 2010 2011 2012 Current Ratio Quick Ratio b) The firm's liquidity during the 2009-2010 period was generally good. Both the current ratio and the quick ratio during this period were relatively high, to the point where a creditor would be comfortable lending this company money in the