Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

to answer this question you can use carnival cruise Lines Homepage. How do you get to their most current fiscal year end to answer these

to answer this question you can use carnival cruise Lines Homepage.
image text in transcribed
image text in transcribed
How do you get to their most current fiscal year end to answer these questions? Remember that the 10-K includes all of the financial data. Follow this thread after you click on the hyperlink. Investor Relations=>Investors=>Annual Reports. The most current fiscal 10-K will be listed first. Answers to questions 1-4 are in Item 8. All numbers in the financial statements for Carnival are listed in millions". Correct answers to questions 1-4 will have the amount AND "in millions". (This is the same as having multiplied the number by 1,000,000.) The formulas for ratios in questions 5-7 are in chapter 5 textbook and Power Point. Correct answers to questions 5-7 must include calculations, correct format for that ratio and rounded to two decimal places. Question 8 is extra credit. Click on the most current annual report to answer the following questions. *Do not include comprehensive income. 1. What is Total Revenue at the end of the current fiscal year? (2 points) 2. What is Total Revenue at the end of the year prior to the current fiscal year? (2 points) 3. What is the Net Income (Loss) attributable to common stockholders at the end of the current fiscal year? (2 points) 4. What is Net Income (Loss) attributable to common stockholders at the end of the year prior to the current fiscal year? (2 points) 5. What is the Profit Margin Ratio for the current fiscal year? (3 points) 6. What is the Gross Profit Ratio for the current fiscal years? (3 points) 7. If Carnival's current passenger ticket revenue increases by 10% with an increase in operating costs of $2,000,000, what would be their new Gross Margin Ratio? (6 points) 8. What is the difference between a 10-K and a 10-Q? (1 point extra credit) How do you get to their most current fiscal year end to answer these questions? Remember that the 10-K includes all of the financial data. Follow this thread after you click on the hyperlink. Investor Relations=>Investors=>Annual Reports. The most current fiscal 10-K will be listed first. Answers to questions 1-4 are in Item 8. All numbers in the financial statements for Carnival are listed in millions". Correct answers to questions 1-4 will have the amount AND "in millions". (This is the same as having multiplied the number by 1,000,000.) The formulas for ratios in questions 5-7 are in chapter 5 textbook and Power Point. Correct answers to questions 5-7 must include calculations, correct format for that ratio and rounded to two decimal places. Question 8 is extra credit. Click on the most current annual report to answer the following questions. *Do not include comprehensive income. 1. What is Total Revenue at the end of the current fiscal year? (2 points) 2. What is Total Revenue at the end of the year prior to the current fiscal year? (2 points) 3. What is the Net Income (Loss) attributable to common stockholders at the end of the current fiscal year? (2 points) 4. What is Net Income (Loss) attributable to common stockholders at the end of the year prior to the current fiscal year? (2 points) 5. What is the Profit Margin Ratio for the current fiscal year? (3 points) 6. What is the Gross Profit Ratio for the current fiscal years? (3 points) 7. If Carnival's current passenger ticket revenue increases by 10% with an increase in operating costs of $2,000,000, what would be their new Gross Margin Ratio? (6 points) 8. What is the difference between a 10-K and a 10-Q? (1 point extra credit)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting For Executives And MBAs

Authors: Wallace, Simko, Ferris

4th Edition

1618531980, 9781618531988

More Books

Students also viewed these Accounting questions

Question

Explain the relationship between language and nationalism

Answered: 1 week ago

Question

How should a consultant be selected?

Answered: 1 week ago

Question

Why is a consulting contract needed?

Answered: 1 week ago