This week's DQ focuses on the Income Statement . It builds on the insights we gained in
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Question:
Note: We want to encourage a rich exchange of information and ideas in this discussion. Please select an Income Statement line item or ratio based on the first letter of your last name as indicated below.
- Locate and post a screenshot of an actual Income Statement from the latest fiscal year for one of the following companies:
- Tupperware Brands
- Tesla
- Pick an Income Statement Line Item or Ratio from the list below:
Select from Here if Your Last Name Starts with A-K Line Item | Select from Here if Your Last Name Starts with L-Z Ratio |
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- What does this line item or ratio measure and why is it important item for Management to understand this number?
- Identify the past 4 years of amounts for your line item or ratio (Note: this will require you to track down additional historical
- Income Statements to get the older data). Share this data with the class using a data table or chart.
- Answer the following questions:
- What is the trend for this line item or ratio?
- Has the line item or ratio amount increased or decreased?
- Is this a "good" thing or a "bad" thing? For this company?
- What might management do to improve this line item or ratio?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: