 Reading:o Chapter 1: Accounting in Businesso Chapter 2: Accounting for Business Transactiono Chapter 14: Managerial Accounting Concepts and Principles◠Quick MBA, Accountingo http://www.quickmba.com/accounting/◠Activity 1 by Sunday at 11:59 p.m.Activity 1 – CLO 1, CLO 2, CLO 3, CLO 5, CLO 8Choose a major publicly traded corporation, then go to the corporate’s site and retrieve theinformation needed for this assignment. Provide information about the history of thecorporation and its current product offerings.Provide a screenshot of the corporate’s latest reported income statement.Organize the income statement in an Excel file to enable you to verify the arithmetic in theincome 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 corporate’s site asthe source of the data. In-text citations are required throughout the document. All submissionsshould be in one Word file.
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