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Basic Question 10 of 11
Which financial statement shows whether a company has met its profitability goal?
B. Balance sheet
C. Statement of cash flows
A. Income statement
B. Balance sheet
C. Statement of cash flows
User Contributed Comments 1
User | Comment |
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FozzeyBear | ...except if a company measures it's profitability in free cash flow... |

I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.

Martin Rockenfeldt
Learning Outcome Statements
evaluate a company's financial performance using common-size income statements and financial ratios based on the income statement
CFA® 2025 Level I Curriculum, Volume 2, Module 2.