According to the textbook the income statement measures th

According to the textbook the income statement measures the success of a companys 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 companys 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: Your assignment must follow these formatting requirements: The specific course learning outcomes associated with this assignment are:

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