First discussion-income statement

Assignment Help Financial Accounting
Reference no: EM13754499

First Discussion: Income Statement

I. Using the Consolidated Statement of Income (may also be called Statement of Earnings or Statement of Operations) of a publicly-traded company of your choosing, answer the following questions in the 1.4 Discussion: Income Statement forum:

1. What are the Sales (also called Net Sales, Net Revenue, or Operating Revenue) for the most recent three years? This is normally the largest number.

2. What are the Net Incomes (also called Net Earnings) for the most recent three years?

3. How well do you think this company is operating? Explain your answer.

The audited Income Statement will have only three years of data. Post the name of your selected company and the link to the statement with your answer.

Please post original answer. Copy and pasting some ones else response will not get you point.

Reference no: EM13754499

Questions Cloud

Using the percentage-of-completion method : Johnny Bravo Company began operations in 2012 and has provided the following information. Gross profit on construction contracts using the percentage-of-completion method for book purposes amounts to $92,000. Gross profit on construction contracts fo..
To determine a standard time for the task : To determine a standard time for the task, an employee from an existing assembly station was trained in the new assembly process. Once proficient, the employee was then asked to perform the task 17 times so a standard could be determined. The actual ..
What are the product features : What are the product's features? In your paper, explain how that technological innovation will change the way we live today (be specific). How will the product be commercialized?
What are basic characteristics of classical empires greece : What are the basic characteristics of the classical empires of Greece, Rome, Qin and Han China, and Maurya and Gupta India?
First discussion-income statement : Using the Consolidated Statement of Income (may also be called Statement of Earnings or Statement of Operations) of a publicly-traded company of your choosing, answer the following questions in the 1.4 Discussion: Income Statement forum: What are the..
In most cases-prices are set : In most cases, prices are set by the
What ways did civilians support the troops during civil war : In what ways did civilians support the troops during the civil war?
Organization''s performance management system : Assume that you are part of a task force charged with revising your organization's performance management system. Your organization currently requires supervisors conduct annual performance appraisals for all of their employees. A rating form is comp..
Target cost is comprised : Target cost is comprised of

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd