Get a unique, high-quality and non-plagiarized paper from us today at the most affordable price
Email us : premieredtutorials@gmail.com
PREMIERED TUTORIALS
Place an order

usefulness of the single-step income statement and the multi-step income statement.

According to the textbook, the income statement measures the success of a company’s operations for a given period. The income statement is important to investors and creditors, because it determines the profitability, investment value, and creditworthiness of a company. Specifically, the income statement helps investors and creditors predict the amounts, timing, and uncertainty of future cash. Income statement preparers can make such informed predictions by analyzing a company’s financial statements, calculating the price-earnings ratio, and reviewing notes to the financial statements on the income statement.

In order to complete this assignment, use the Internet to research and review financial statements for Exxon and Chevron for the years 2012 and 2013.

Write a five to six (5-6) page paper in which you:

  1. Compare and contrast the limitations and usefulness of the single-step income statement and the multi-step income statement.
  2. Analyze the gross profit, operating profits, and net income of both Exxon and Chevron for 2012 and 2013. Of the two (2) companies, speculate on the main reasons why one (1) company may have been more profitable than the other company.
  3. Compute each company’s price-earnings (P / E) ratio and price-to-sales ratio (PSR). Identify primary estimates or assumptions that could result in overstated earnings, and use the ratio data to compare the quality of each company’s earnings.
  4. Review notes to both Exxon’s and Chevron’s financial statements. Next, identify at least two (2) notes pertaining to the income statement, and explain the main way in which the notes in question could influence your decision to invest in each of the companies. Provide a rationale to justify your decision.
  5. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

Do you want your assignment written by the best essay experts? Then look no further. Our team of experienced writers are on standby to deliver to you a quality written paper as per your specified instructions. Order Now, and enjoy an amazing discount!!

You May Also Like This:

  1. ABC Corporation income statement at year-end of 2014
  2. Financial Statement Analysis and Report Writing
  3. Preparing the company’s income statement under absorption costing.
  4. financial statement analysis
  5. Drafting business plan and an income statement
  6. Financial Statement Development and Analysis
  7. Financial Research
  8. Income Statements and Profitability Ratios
  9. Investment Analyst
  10. Passive activity income.
  11. managerial accounting
  12. Analyzing financial health
  13. Market and Company Information
  14. Accounting Principles for Business Decisions
  15. mission statement
  16. AEON METALS LIMITED Financial Report
  17. Islamic Holding
  18. Discounted Cash Flow Model
  19. Five Step Approach
  20. Prepare a statement of cash flows using the direct and the indirect method
  21. Modeling and Arriving at Values
  22. Financial Statements
  23. Abercrombie & Fitch identify a major company that is publicly traded and locate its SEC 10-K.
  24. alculating Present Values Imprudential, Inc., has an unfunded pension liability of $750 million that must be paid in 20 years
  25. Creating a comparison chart for two companies
  26. prepare a ratio analysis using five to six financial ratios looking at liquidity, profitability, debt, operational and asset efficiency ratio
  27. Financial Ratio Analysis
  28. Finance for Managers
  29. stock market analysis
  30. NIKE FINANCIAL CALCUATIONS
Do my Homework for me

How to Place an Order 

Send the assignment details such as the instructions, due date/deadline, number of pages and college level to the customer support agent online on live chat,  fill in the assignment details at place an order or send the information to our email address premieredtutorials@gmail.com and a customer support agent will respond to you immediately. 

Once you place your order, we choose for you the best and competent writer for your assignment based on each writer’s competence in handling a subject. 

When the homework is completed, we have a quality assurance team that proofreads the assignment to ensure it meets the required rubric instructions from your professor.

After thorough review of your assignment, we send the paper to the client. In case you need any changes at this point, you can let us know so that we can handle it for you at no extra charge. 

Why Premiered Tutorials?

We deliver Papers

Prices as low as $10 per page

Homework Help Website

Why we should write your Paper 

  1. Money Return guarantee
  2. 0% Plagiarism Rate
  3. Guaranteed Privacy
  4. Written from scratch by highly qualified writers 
  5. Communication at Any Time (24/7)
  6. Flexible Pricing and Great Discount Programs
  7. Timely Deliveries
  8. Free Amendments
Looking for a similar assignment and in urgent need for help? Place your order and have excellent work written by our team of professionals to ensure you acquire the best grades.

  We are here to assist you.

 

Order now

Statistics about Us

130 New Projects
235 Projects in Progress
315 Inquiries
420 Repeat clients

© 2021 Premiered Tutorials
All rights reserved. We provide online custom written papers, such as term papers, research papers, thesis papers, essays, dissertations and other custom writing services.

All papers inclusive of research material are strictly intended to be used for research and study purposes only. Premiered Tutorials does not support or condone plagiarism in any form. These custom papers should be used with proper reference.

Place an Order
error: Content is protected !!