ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 257
Write a five to six (5-6) page paper in which you:
Briefly outline Delta Airlines company’s history, products, and
services, and identify the costs reported in the balance sheet for
property, plant, and equipment. Prepare a horizontal analysis of
Delta’s property, plant, and equipment for 2012 and 2013. Next,
calculate the asset turnover ratio, return on asset ratio, and the
debt to total assets ratio. Based on your calculations, indicate the
conclusions that you can draw, based on the changes in
property, plant, and equipment.
Determine the method or methods of depreciation that Delta
Airlines uses to depreciate its property, plant, and equipment.
Suggest three (3) alternative methods that Delta Airlines could
use in order to depreciate assets. Based on your suggestions,
propose the method that Delta Airlines could use in order to
improve the reporting of its property, plant and equipment.
Provide a rationale for your response.
Analyze the information disclosed in Delta Airlines’ notes to
their financial statements on property, plant, and equipment.
Recommend additional data that Delta Airlines could include
that would be useful to potential investors and creditors.