MICROSOFT CORPORATION 7372 - SERVICES-PREPACKAGED SOFTWARE 10-k report- http://www.sec.gov/Archives/edgar/data/789019/000119312513310206/0001193125-13-310206-index.htm Using this information answer the following...
Using this information answer the following question:
Income Statement (You will find the answer of most of the questions from Income Statement):
a. Read the footnotes to the financial statements. What is your company's revenue recognition policy?
b. What subtotals does your company report on its income statement?
c. What amount of revenue was earned for the most recent year?
d. What is the amount of the largest expense on the income statement for the most recent year? Please briefly describe the transaction represented by the expense.
e. What is the amount of net income for the most recent year?
f. What is your company's earnings per share (basic only) for the three years reported?
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