Ratio Analysis and Statement of Cash Flows Paper
Operating Profitability
When looking at the operating profitability of Collegiate Funding Service and H&R Block we will be comparing the 2004 and 2005 financial statements. In 2005 H&R Block made total revenue of $4,420,019. In 2004, H&R Block made total revenue of $4,247,880. Looking over the past couple of years it seems that H&R Block's revenue continues to increase each year. The majority of the revenue comes from H&R Block's tax services, Mortgage services, and Business services. Only $242,392 came from Investment services and Corporate in 2005. Collegiate Funding Service made $162,337 in 2005. However, in 2004 Collegiate Funding Service made revenue of $198,386 which is a difference of $36,049 from the year prior. Collegiate Funding Service makes the majority of its revenue from interest, income and processing fees. In 2004, the interest income and fees accounted for $199,341 of the total revenue. Both H&R Block......
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Approximate Word Count: 1151
Approximate Pages: 5 (260 words per double-spaced page) |