Describe sustainable income and the importance of sustainable income in the evaluation of the income statement.

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• Describe sustainable income and the importance of sustainable income in the evaluation of the income statement. Choose at least two (2) items or events that will affect sustainable income of a company.
• Propose the manner in which you would disclose these items or events to investors. Justify your response.

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• Provide two (2) examples that demonstrate a change in your theories of financial accounting for managers since the beginning of this course.
• Rate the three (3) most important concepts that you have learned in this course in order of importance (one [1] being the most important; three [3], the least). Provide a rationale for your rating scheme