Reading:
o Chapter 1: Accounting in Business
o Chapter 2: Accounting for Business Transaction
o Chapter 14: Managerial Accounting Concepts and Principles
Quick MBA, Accounting
o
Activity 1 by Sunday at 11:59 p.m.
Activity 1 CLO 1, CLO 2, CLO 3, CLO 5, CLO 8
Choose a major publicly traded corporation, then go to the corporates site and retrieve the
information needed for this assignment. Provide information about the history of the
corporation and its current product offerings.
Provide a screenshot of the corporates latest reported income statement.
Organize the income statement in an Excel file to enable you to verify the arithmetic in the
income statement, and explain your verifications.
Also, explain the nature of each item in the income statement.
At least five (5) scholarly references are required which should include the corporates site as
the source of the data. In-text citations are required throughout the document. All submissions
should be in one Word file.
