CFA Practice Question

There are 86 practice questions for this study session.

CFA Practice Question

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

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

The income statement shows whether a company has met its profitability goal. This statement summarizes the revenues and expenses incurred by a business over a period of time.

User Contributed Comments 1

User Comment
FozzeyBear ...except if a company measures it's profitability in free cash flow...
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