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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.

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.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91730937

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