Get personal help with your studies from any of the 45,000 experienced experts on Studybay

  • No intermediaries
  • No plagiarism
  • Any Subject
  • Always on time

Here’s an example of project completed by our experts:

Assignment 1: Delta Airlines Property, Plant, and Equipment (Example)

Document Preview:

Delta Airlines Institution Name Delta Airlines History Delta Airlines is a major American-based airline started in 1924. The company has been successful since it began. Initially it was a crop dusting company. The company was served by an agricultural scientist named Wolman. Wolman had overseen the operations and daily activities of the airline till his death in 1966. The company has been growing day by day. In the 1990s the company adopted aggressive and vibrant strategic measures to sustain and ensure they remain viable in the competitive market in the airline industry (Bravman 2016). The operations of the company were channelled towards attaining and achieving the preset objectives which contributed to their success. Their success was evident in 200 after they were listed among the top airline companies having ferried over 117 million passengers. The net income was placed at 1 billion dollars. This was the origin of its Delta Airlines should show the fair values of the PP&E in the notes in the financial statements. This is critical because it will help any potential investors and creditors to have a chance upfront to compare the fair values of assets and carrying amounts. This will foster satisfaction amongst the clients customers investors and creditors (Karwowski 2016). This is mainly because such information coming from a company is fair in comparison to market values. This will create a public image of the firm attracting more investors and building on competitive advantage. References Annual Report-10K (2013). Available at: J. (2016). Southwest Airlines and Delta Air Lines: A Review of Key Planning Optimization Activities and Their Execution During 2015. Karwowski M. (2016). The risk in using financial reports in the study of airline business models. Journal of Air Transport Management  55 185-192. Year F. (2014). DELTA AIR LINES INC/DE. DELTA  10 3. [...]

Order Description:

Assignment 1: Delta Airlines Property, Plant, and Equipment Due Week 8 and worth 200 points According to the textbook, U.S. companies and foreign companies are affected by deprecation rules. When companies write off the cost of long-lived assets over a period of time, the term used is depreciation. In order to complete this assignment, review Delta Airlines’ annual reports for the years 2012 and 2013, located at 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. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are: Demonstrate, analyze, and explain the proper accounting for acquisition and valuation of property, plant, and equipment; valuation; costs subsequent to acquisition; and disposition of plant assets. Demonstrate, analyze, and explain the proper accounting for depreciation, impairments, and depletion. Use technology and information resources to research issues in intermediate accounting. Write clearly and concisely about intermediate accounting using proper writing mechanics.

Subject Area: Accounting

Document Type: Reports

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $15

Words 275

Pages 1

Completed in 2 days

Expert joe allan

Client Review

Within one day gave me an awesome work and helped me with some challenges creating the other. I received 200/200. Awesome Work, Best writer ever.


Similar projects

Subject of the project is Accounting   Type of the project is Reports

Sec 10 - K analysis

Subject of the project is Accounting   Type of the project is Reports

Investment analysis

Subject of the project is Accounting   Type of the project is Reports

Foreign Currency Risk

Need Help With a Project on This or Another Topic?

Cooperate with seasoned experts directly — create your project now and start getting help in 2 minutes.

Studybay top experts

Reviews from Studybay Community

  • Our Studybay rating is:
  • Our ReviewCentre rating is:
  • Our SiteJabber rating is: