What are the sales for the most recent three years

Assignment Help Financial Accounting

Reference no: EM131163400

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

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

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

Reference no: EM131163400

Questions Cloud

Give your views on given statement : Young people with little wealth should not invest money in risky assets such as the stock market, because they can't afford to lose what little money they have." - Do you agree or disagree with this statement? Why?

Analyze how might limit your liability exposure as an owner : Describe a business that you may own some day or that you currently own. (Even if you never plan to own a business, pretend as if you will do so for the purposes of this assignment.) Examine the best business organizational form for the business t..

Compute the settlement price of the contract : What is the size of the contract? For any given delivery date, compute the settlement price of the contract. Assuming 15% initial margin, how much money do you need to buy 10 contracts?

List the internal and external stakeholders for a project : List the internal and external stakeholders for a project which would construct a new grocery store on the outskirts of a residential area

What are the sales for the most recent three years : What are the Sales for the most recent three years? - What are the Net Incomes for the most recent three years?

Why is it important to track inventory : What activities should you perform to correctly account for your inventory at year-end? Why is it important to track inventory? What does this information tell you about your business

What interest groups would be involved : Consider the possible stakeholders for your research project. Who are they? What social, political, or personal factors might influence the direction of your research? What interest groups would be involved? What patterns might influence the directio..

Calculate the current and deferred portion of income tax : Calculate the current and deferred portion of income tax expense for the year ended December 31, 20x4. Write the journal entries to record both the current and deferred portions.

What potential legal or ethical issues could arise : Describe ways in which MS Excel can be used by a manager of an organization as a tool for interpreting data. What are the major benefits to using the statistical package for the social sciences (SPSS) software? TIP: A trial version of the software ..

User Account

All Pages