Eastman Kodak income statement analysis

Write a 1 page summary that includes important points that an analyst would use in assessing the profitability of Eastman Kodak

http://www.kodak.com/US/plugins/acrobat/en/corp/annualReport07/2007_Kodak_AR_10K_2008Proxy_wCover.pdf- income statement info on page 28

http://www.sec.gov/Archives/edgar/data/31235/000120677408000374/kodak_10k.htm –income statement on page 105

Answer

Among the financial statements, the income statement contains the most important points that the financial analysts would use when evaluating the profitability of a business. One of the major points an analyst would use is the making a comparison of Eastman Kodak’s income statement figures with the close competitors. This will greatly help in determining how well the Kodak Company is doing when compared to the other companies in this business. Analysts also use the financial reports in a business to predict the future prospects of the business. It is also an important document when it comes to making…

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