5
(2)
Category: Accounting
Subcategory: College
Level: College
Pages: 1
Words: 275

Financial Information of Alaska Air Group, Inc. (ALK). The formula for calculating total assets of a company uses a basic accounting equation which states that; Assets = Stockholders’ Equity + Liabilities. Therefore, the sum of all current and noncurrent assets must be equal to the sum of stockholders’ equity and liabilities incurred combined. Total assets = current assets + noncurrent assets; \$2,146,000+\$8,594,000= \$10,740,000 (amount of total assets). Percentage of plant and equipment (fixed assets) = 58.51%. Percentage of current assets = 19.98%. The company’s balance sheet displays significant profit since 2015 with an increase in total assets (2015=\$1,663,000;2016=\$2,050,000;2017=\$2,146,000). The company’s total debt is \$2.57 B, as of December 2017. The company depends on liquidity from shares and services offered by its customers. As of 2017; the most recent sales amount to \$7.93B with a net income of \$1,034,000. The sales growth rate is at +33.75%. The significant annual...

## Free Financial Information of Alaska Air Group, Inc. (ALK) Dissertation Example

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