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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 just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

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.