2A1B THE FINANCIAL STATEMENT THAT PROVIDES A SUMMARY OF THE FIRM’S OP...
7.
CSO: 2A1d
LOS: 2A1b
The financial statement that provides a summary of the firm’s operations for a period of
time is the
a.
income statement.
b.
statement of financial position.
c.
statement of shareholders’ equity.
d.
statement of retained earnings.