• 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.