Long-term debt to operating property

Assignment Help Accounting Basics

Reference no: EM131133987

P 12-6. Chihi Airways had the following results for the last three years:

	2007	2006	2005
(In thousands of dollars)
Operating expenses	$1,550,000	$1,520,000	$1,480,000
Operating revenues	1,840,000	1,670,400	1,620,700
Long-term debt	910,000	900,500	895,000
Operating property	995,000	990,000	985,000
Passenger load factor	66.5%	59.0%	57.8%

Required a. Calculate the following for 2007, 2006, and 2005:

1. Operating ratio

2. Long-term debt to operating property

3. Operating revenue to operating property

b. Comment on trends found in the ratios computed in (a).

c. Comment on the passenger load factor.

Reference no: EM131133987

Questions Cloud

The ethics of japanese american internment during wwii : earch for a current news story (article, other piece of writing, or video clip) that examines an ethical issue. - Was the internment morally justified?

Why did the reaction time decrease after 180 degrees : Why did the reaction time decrease after 180 degrees?

Describe your reaction to your experience of the biases : State your position on the selected topic. Determine the biases you experienced as you examined the reasons for and against your position. Describe your reaction to your experience of these biases.

What are stocks and bonds : What are Stocks and Bonds? Describe how you could estimate their values. If you are investing in the stock market, which would you invest in and why

Long-term debt to operating property : Required a. Calculate the following for 2007, 2006, and 2005: 1. Operating ratio 2. Long-term debt to operating property

How is art a reflection of society : How is art a reflection of society? Explain with at least two examples to illustrate the relationship between art and society. These two examples may be from the text or of your own selection.

Data table for expected profit with order quantity : Continuing Problem 5, create a two-way data table for expected profit with order quantity along the side and unit expediting cost along the top. Allow the order quantity to vary from 500 to 4500 in increments of 500, and allow the unit expediting ..

Describe the business problem and charge : Describe the business problem and charge you have for marketing plan and provide a brief overview of what issue you are studying, and how a marketing perspective can help address the issue.

Describe training issues for global organizations : Formulate different developmental approaches to training, including competency models and case-based decision making. Explain organizational learning techniques.

User Account

All Pages