Can somebody please help me understand what this is wanting?

CheckPoiint: Analyzing an Income Statement.

Resource: Ch. 3 of Understanding Financial Statements
Complete Problem 3.16b on p. 111 (Ch. 3).Eastman Kodak Comprehensive Analysis Problem Using the Financial Statement
Analysis Template
Each chapter in the textbook contains a continuation of this problem. The objective is to
learn how to do a comprehensive financial statement analysis in steps as the content of
each chapter is learned. Using the 2004 Eastman Kodak Annual Report or Form 10-K, (b) Analyze the income statement of Eastman Kodak. Write a summary that includes
important points that an analyst would use in assessing the profitability of Eastman
Kodak. And my syllabus says:Write a 200- to 300-word response to the problem. In addition, include your analysis of
indicators like earnings per share, operating income, and comprehensive income. PLEASE HELP ME!!!!!!

This problem asks you to

1. Analyze the income statement of Eastman Kodak.

2. Write a summary that includes
important points that an analyst would use in assessing the profitability of Eastman Kodak. Included in this summary is response to the problem and your analysis of indicators like earnings per share, operating income, and comprehensive income.

Based on the information provided, it appears that you are being asked to analyze the income statement of Eastman Kodak using the 2004 Annual Report or Form 10-K. To complete this task, you can follow these steps:

1. Obtain the 2004 Eastman Kodak Annual Report or Form 10-K: You can try to find this document online by searching for "Eastman Kodak 2004 Annual Report" or "Eastman Kodak 2004 Form 10-K." Alternatively, you can visit a library or contact the company's investor relations department to request a copy.

2. Review the income statement: Once you have the document, locate the income statement section. It is usually labeled as "Consolidated Statement of Operations" or "Income Statement." Familiarize yourself with the structure and content of the income statement.

3. Analyze the income statement: Carefully examine the information provided in the income statement. Look for important points that an analyst would consider when assessing the profitability of Eastman Kodak. Some key indicators to analyze might include revenue, expenses, operating income, net income, earnings per share, and comprehensive income.

4. Use the financial statement analysis template: Utilize the provided financial statement analysis template to organize your findings. This template may offer sections for recording important values and ratios, such as earnings per share, operating income, and comprehensive income.

5. Write a summary: Based on your analysis, write a 200- to 300-word response summarizing the key points an analyst would use to assess the profitability of Eastman Kodak. Discuss any notable aspects of the income statement, trends, and indicators that stand out.

Remember to refer to Chapter 3 of the textbook, "Understanding Financial Statements," to gain a better understanding of financial statement analysis concepts and techniques. Additionally, if you encounter difficulties or need further assistance, reach out to your instructor for guidance and clarification.