Chapter 13- Planning Reports and Proposals

Date: 10/26/2009
To: Accountants of Old Navy Herald Square
From: Sasha Nathaniel, Head Accountant
Subject: Financial Statement

Below is the Income Reports for January of 2004,02005, 2006. There was a increase in revenue of $291 from 2004-2005. Although there was a increase from 2005-2006 of $109 it was not as high as 2004-2005. We will be holding our annual financial meeting discussing our losses on 11/1/2009.

Annual Income Statements
All amounts in millions of US Dollars
Year
Revenue Gross Profit Operating Income Total Net Income Diluted EPS (Net Income)
Jan 06
6,856.0
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Jan 05
6,747.0
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Jan 04
6,456.0
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