The financial statement primarily used to look at how a company has been doing over time and predict how it might do in the near future is the income statement. The income statement provides details on a company's revenues, expenses, and profitability over a specific period, allowing analysis of trends and performance.
Which business financial statement is used primarily to look at how a company has been doing over time and predict how it might do in the near future?
(1 point)
Responses
income statement
income statement
balance sheet
balance sheet
cash flow
cash flow
changes in equity
1 answer
1 answer