JessiaSladykathris
JessiaSladykathris JessiaSladykathris
  • 26-04-2016
  • Business
contestada

A firm's ________ reports the profit or loss for the firm over a specified time period.
a. income statement
b. balance sheet
c. statement of cash flows
d. bank statement

Respuesta :

andriansp andriansp
  • 03-05-2016
The answer is : a. income statement

A firm's income statement will calculate all of the firm's Earning and deduct it with all of the firm's expenditure.

If the results is a surplus, then the firm gain a profit. If it's a deficit, it means that the firm experience a loss.

This income statement usually renewed every year
Answer Link

Otras preguntas

What is the correct wat towrite 0.0000250 m kn scientific notation?
Weather patterns affecting an area due to geographic features is called
What is the slope of this line?
how long does it take fossil fuels to form ?
Which type of relationship is responsible for teaching you values and how to communicate? a. online b. friend c. colleague d. family Please select the best a
The functions f(x) = (x + 1)^2 - 2 and g(x) = -(x-2)^2 + 1 have been rewritten using the completing-the-method. Is the vertex for each function a minimum or a m
Pherris is graphing the function f(x)=2(3)^x.he begins with the point (1,6).which could be the next point on his graph?
the river labeled c starts in the swiss alps and flows through germany , france ,luxembourg and the netherlands
Evelyn has just graduated high school and wants to attend college in a different state. She knows her parents are hard-working and relatively poor people, who c
how long does a penis take to develope