I need the following information on amazon.com. The annual report website is http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-reportsAnnual ANNUAL REPORT PROJECT – ASSIGNMENT 5THE INCOME STATEMENTName of company chosen: Amzon.com, Inc. Locate the company’s income statement.What is the period covered by the income statement?What is the page on which the income statement appears? THE BASICS1. Does the format of the statement more closely follow a single-step or a multiple-step format?How can you tell?2. What are the accounts that catch your attention compared to the previous year’s income statement?3. What could be the reasons of the increases or decreases from one year to another?4. Could you please provide your input on how the company might increase its net income?
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