Complete an annual report that covers your work in the simulation in this unit. Include the following
Question:
Download the following financial reports for your airline business from the Interpretive Simulation website. (You can download these files from your airline to a spreadsheet.)
Income statement Balance sheet Cash Flow Next, include write an annual report addressing the following questions:
Marketing: Why did you choose the market you did for your airline? What routes are you serving? Why? Which route is most profitable?
Competitive analysis: Who is your competition? How do you benchmark with your competitive firms? What competitive reactions will you be making in the next few quarters?
Operations: What aircraft are you using? Why? How do they match to your strategy? What is your approach on aircraft acquisition? Maintenance plan?.
Strategy: What strategic planning theories did you apply? How did your strategy impact your financial results?
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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