Question
As an accountant, you must be familiar with a company's published financial statements. For this discussion, select a publicly traded company of your choosing to
As an accountant, you must be familiar with a company's published financial statements. For this discussion, select a publicly traded company of your choosing to research the three most recent years of historical income statements from the U.S. Securities and Exchange Commission (SEC) website and Making the Numbers Talk section from Chapter 3 provided in this module's resources. In your initial post, address the following:
What are the year-over-year (YOY) percent changes in revenue for the three most
What are the gross profit margin percentages for the three most recent years?
How do your findings relate to what we have been witnessing in our economy over these past three years?
Where do you think the revenue might be next year as a growth rate?
How do you think other external or internal factors may have affected the company's YOY revenue change and gross profit margins?
What might the company do to improve their future outlook for operations (income statement)?
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