Solution
Rochak answered on
Mar 25 2022
Income Statement
Income Statement
Particulars (in million) 2020 2021 Costs (Fixed/Variable)
Sales of Products $47,142 $51,386
Sales of Services $11,016 $10,900
Total Revenues $58,158 $62,286
Cost of Products -$54,568 -$49,954 Variable
Cost of Services -$9,232 -$9,283 Variable
Boeing Capital Interest Expense -$43 -$32 Variable
Total Cost and Expenses -$63,843 -$59,269
Gross Profit -$5,685 $3,017
Income/(loss) from operating investments, net $9 $210
General and administrative expense -$4,817 -$4,157 Fixed
Research and development expense, net -$2,476 -$2,249 Fixed
Gain on dispositions, net $202 $277 Fixed
Loss from operations -$12,767 -$2,902
Other income, net $447 $551
Interest and debt expense -$2,156 -$2,682 Fixed
Loss before income taxes -$14,476 -$5,033
Income tax benefit $2,535 $743 Variable
Net Loss -$11,941 -$4,290
Less: Net Loss att
utable to noncontrolling interest -$68 -$88
Net loss attributable to Boeing Shareholder -$11,873 -$4,202
Fixed/Variable
2,020 2,021
Total Fixed Cost -$4,556 -$5,386
Total Variable Cost -$61,308 -$58,526
Total Deliveries 157 340
Variable Cost (per unit) -$390 -$172
Total Cost -$65,864 -$63,912
Balance Sheet
(in million) 2020 2021
Assets
Cash and cash equivalents $7,752 $8,052
Short-term and other invesmtnets $17,838 $8,192
Accounts receivable $1,955 $2,641
Unbilled...