Comparing Income Statements From Different Industries Essay

Comparing Income Statements From Different Industries - Essay Exampleerent companies include discordent factors in their income arguments, but on a general node there is basic information and format expressing friendships financial status for a particular business year. thither are three major sections of an income statement, one describing incomes, second is cost of goods (expenses) and third projecting depreciations, taxes and interests. Here is a view of income statements taken from four different companies which exit in four different sectorsFor the fiscal year 2010-2011, Ford Motors Company progressed to quite a great extent from the year 2009-2010. The income statement projected that the company had 17% swinish profit margin out of the total revenue at the end of the business year 2011. Even having intensive liabilities, the company generated more profits with respect to the previous fiscal year (Ford Motor Company, 2012).With 514 stores operating in five different States , Winn-Dixie at the end of year 2010-2011 projected gross profit margin $28.9 million which was unexpectedly less than the fiscal year 2010. The gross profit margin of the company for 2011 was 27 % of the total revenue reasonably less than the year 2010, which showed natural sales decrease within entire market segment.For the fiscal year 2010-2011, Johnson and Johnson a leading pharmaceutical company showed electromotive force revenue and profit margins. The company projected net profit margins of 15% with gross profits of 64 % of the total revenue in its annual income statement 2011 (Bloomberg, 2012).According to companys annual report 2011, Lenovo group expresses the gross profit margin 11% of total revenue. It is one of the leading companies in the engineering science sector which generates conventional profits in the technology market segment (Buffett & Clark, 2008).By comparing the income statements of all four companies, it can be said that companies differ to a great exten t in respect of product and services they offer. An automobile company is totally