Carnival Corporation & plc Royal Caribbean Cruises Ltd

Accounting Final Project:
Carnival Corporation & plc
Royal Caribbean Cruises Ltd.
Contents

I. Introduction of the project
II. General background of the cruise industry
III. Introduction of the companies Carnival Corporation & plc / Royal Caribbean Cruises Ltd.
IV. Introduction of financial statement analysis
V. Income Statement (Comparative & Common size analysis)
1. Fuel
2. Depreciation and amortization
3. Food and beverage
VI. Balance Sheet (Comparative & Common size analysis)
Cash and cash equivalent
Long term debt
Account payable
VII. Ratio Analysis
Current Ratio
Return on Asset Ratio
Debt to Asset Ratio
Profit Margin Ratio
Asset Turnover Ratio
VIII. Summary
IX. Recommendations
X. References

I. Introduction of the project
In the accounting class this semester, we learned how management effectiveness and customer satisfaction measurement is recorded through 10-k. Our team, team number 6, chose two publicly traded companies in the cruise indust…