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Basic Question 10 of 11

Which financial statement shows whether a company has met its profitability goal?

A. Income statement
B. Balance sheet
C. Statement of cash flows

User Contributed Comments 1

User Comment
FozzeyBear ...except if a company measures it's profitability in free cash flow...
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

evaluate a company's financial performance using common-size income statements and financial ratios based on the income statement

CFA® 2024 Level I Curriculum, Volume 2, Module 2.