ACC 333 Lecture Notes - Lecture 22: Net Income, Earnings Before Interest And Taxes
3 Jan 2018
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Net income grew slowly from 2015 to 2016, then skyrocketed from being in the negatives, to being 73k in the positive. Overall - decent start in 2013, continuous losses 2014 through 2016, major spike on all levels in 2017. Additionally, all levels remain relatively stagnant after operating profit, indicating that a majority of sales revenue is being lost in operating expenses. More important to look at the net income. [ (735410 - 413920) / 735410 ] x100 / 4 = 43. 7 / 4. = 10. 9: aagr for net income = 16. 7, discuss what the aagr at these two levels means for usal. If we dismiss the year-to-year fluctuations on these two levels by using the aagr method, we can determine that there has been a small amount of growth in both sales and net income on average, each being below 20%. 2014: overall decreases - due to major increases in operating and interest expenses (mainly salaries/wages)
