Which report gives a review of the profitability of a business?

Question

RRB Paper · Accepted Answer

The income statement report gives a review of the profitability of a business. The income statement provides information about the revenues and expenses flowing into and out of an organization. It provides valuable insights into a company's operations, the efficiency of its management, underperforming sectors, and its performance relative to industry peers.

Which report gives a review of the profitability of a business?

statement of changes in equity

cash flow statement

balance sheet

income statement

The correct answer is `No. 4: income statement`

Details

Frameworks

Database

Billing

Completed

Drop campaign files here or click to upload.

No result found

Advanced Search

Which report gives a review of the profitability of a business?

statement of changes in equity

cash flow statement

balance sheet

income statement

The correct answer is No. 4: income statement

The correct answer is `No. 4: income statement`