ACC/230 Checkpoint Week 4
I have analyzed the Eastman Kodak Company and have looked at the differences between the operating income, total liabilities, and the total shareholder’s equity. As we look at the company's assets we can see that there were substantial changes that occurred from 2003 to 2004. In 2004 there was a $5000 increase in cash and equivalents. There was an increase of $217 million in the net receivables for 2004. In the net inventories for 2004 the company saw an increase of $80 million. In comparison from 2003 to 2004 the company’s deferred taxes had decreased $40 million. In 2004 the other current assets were $24 million less than in 2003. In the discontinued operations the company saw a decrease of $42 million. In 2004 the company saw a decrease of $539,000 in property, plant, and equipment net. In 2004 the company had increased their goodwill assets to $97,000 and had raised their long term assets to $202,000.The company did not claim any discontinued operations in 2004 for the company’s long term assets. In the end this left the company with a total decrease of $109,000 in total assets for 2003 to 2004. The company’s liabilities and stockholder’s equity it was shown there were many changes that occurred during 2004. In 2004 there was a decrease in long term debt and the net of current portion was $450,000. In 2004 the company also saw a deduction of $36,000 in pension and postretirement liabilities and an increase of $84,000 in other long term liabilities. In combination the liabilities were $675,000. There was an increase of $407,000 in retained earnings in 2004 while common stocks and additional paid in capital remained the same. There was an increase of $148,000 in the accumulated other comprehensive loss and an increase of 3,000 unearned restricted stocks. There was also a decrease of 8,000 in treasury stocks at cost. In total there was an increase of $566,000 in the shareholder’s equity and a decrease of $109,000. In return this is...
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