Which business Financial statement is used primarily to loom at how a company’s has been doing over time and predict how it might do I. The near future
1 answer
The business financial statement that is primarily used to analyze a company's performance over time and predict its future performance is the Income Statement (also known as the Profit and Loss Statement or Statement of Earnings). This statement provides information about a company's revenue, expenses, and net income over a specific period of time, typically a fiscal year. It helps stakeholders understand the profitability of the company and make projections about its future financial performance.