Week 5.The purpose of the discussion questions (DQs) is to allow you as the Learner to demonstrate your understanding of the chapter's key learning points and how you might apply them in given situation. Participating in the discussion question forum provides you as the Learner an opportunity to compare your ideas to ideas from others in your class.

Instructions: Using this week'skey learning points, provide your response to the questions below

1. What is a multiple-step income statement? Do you think the information it provides beyond "bottom-line" net income is good for the overall health of the company? If not, why do you think so?
2. Why is it important to distinguish between sustainable income and actual net income? Is one more important than the other?