Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. microsoft corporation 7372 - services-prepackaged

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...

90.2K

Verified Solution

Question

Accounting

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 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?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

5 Given SM PQ ment tical LS 20 SQ 1 PM Prove PN SN S...

Biology
1.2K views

Compare the mechanisms that C3, C4, and CAM plants use to obtain and use carbon dioxide. Why...

Finance
1.2K views

An investor in Treasury securities expects inflation to be 2.5% in Year 1, 3.4% in Year...

Calculus
1.2K views

Evaluate the integral 2 7x in x dx 7x In x dx 2

Accounting
1.2K views

Hydro Sports budgets overhead cost of $855,000...

Accounting
1.2K views

Damon reorganized his office and purchased a new office desk for $2,600 on March 17,...

Accounting
1.2K views

Company Analysis - Review "Target" company's 10k and determine the inventory method that...

Accounting
1.2K views

Roberts Company issued $1,000,000 of 8% bonds due in 5 years with interest payable annually...

Accounting
1.2K views

A company just starting business made the following purchases in August: August 1 August 12...

Accounting
1.2K views

This is my formula =FV(0.03/1,(2022-1900)*-1,100,1,0). The answer is supposed to be $3682.49 but I am...

Accounting
1.2K views

Sullivan's Island Company began operating a subsidiary in a foreign country on January 1, 2020,...

Finance
1.2K views

Al-Biruni Inc. borrowed $10 millions at the beginning of 2022 with an annual interest rate...