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The ultimate goal of accounting is to provide both internal and external users with information that is relevant and reliable for their decision making purposes.
The ultimate goal of accounting is to provide both internal and external users with information that is relevant and reliable for their decision making purposes. US companies are subject to various reporting requirements, as mandated by the Securities Exchange Commission. Go to the US Securities & Exchange Commission site Use Edgar to find the 12-31-2017 Annual Report (10K) for Southwest Airlines and respond to the following questions i.) What amounts did Southwest report for the following items for the year ended December 31, 2017? Total Revenues .Operating Income . Net income or net loss Total assets Total current liabilities Total equity 2.) What is Southwest's basic earnings or loss per share for the year ended December 31, 2017? 3) Looking in the notes to the statements, what do they mean when they talk about Non-GAAP Financial Measures? Explain
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