ACC 230 Week 4 CheckPoint Analyzing an Income Statement Flashcards

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ACC 230 Week 4 CheckPoint Analyzing an Income Statement

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CheckPoint: Analyzing an Income Statement

Resource:Ch. 3 of Understanding Financial Statements

Complete Problem 3.16b on p. 111 (Ch. 3).

Analyze the income statement of Eastman Kodak, located at http://wps.prenhall.com/bp_fraser_financial_8. SelectChapter 1 from the top menu, then selectInternet Links in the left-hand menu to access the income statement.

Write a 200- to 300-word response to the problem. In addition, include your analysis of indicators such as earnings per share, operating income, and comprehensive income.

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