Perform a comparative analysis of eastman corporation by

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Perform a comparative analysis of Eastman Corporation by completing the analysis below. Describe and comment on any significant findings in your comparative analysis.

EASTMAN CORPORATION

Income Statement ($ millions)

For Years Ended December 31


Year 6

Year 5

Year 4

Cumulative Amount

Average

Annual Amount

Net sales

$

$3,490

$2,860

$

$

Cost of goods sold

3,210

------

1,050

----

2,610

Gross profit.

$3,670

680

------

-----

1,800

Operating expenses

-------

------

-----

-----

------

Income before taxes

2,740

$215

$105

-----

------

Net income

1,485

$145

$58

-----

------

Reference no: EM13480546

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