Review the instructions for the SEC 10-K project. This week’s report focuses on the Income Statement.
Review the discussion board in week two on the Income Statement. (ATTACHED)
Write a brief report of at least one page in whole paragraphs. You may use bullet points.
This report will assist you in the final SEC 10-K project deliverables.
Submit it as a Word document.
Requirements
The report should include the following:
Sections or line items of the Income Statement include but are not limited to:
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Indicate if this is a Single-Step or Multi-Step Income Statement based on our course resources
Expenses; include unusual items or significant changes for the three-year period
Income Tax Expense (Benefit)
Net Income or Loss
Do not include EPS (Earnings per Share) or any per share values.