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Which financial statement shows how profitable the firm has been?

Income Statement


What is citi's mission statement?

To be the most competent, profitable, and innovative financial organization in the world.


What financial statement would you analyze to determine if a company distributed any of its profits to its shareholders?

What financial statement would you analyze to determine if a company distributed any of its profits to its shareholders?


How can one determine the net loss of a business or financial statement?

To determine the net loss of a business or financial statement, subtract the total expenses from the total revenue. If the result is negative, it indicates a net loss.


A statement of cash flows allows a financial analyst to determine?

If the firm has sufficient funds to pay liabilities.


Can you consider notes to financial statement to be a financial statement?

Notes to financial statement can be considered to be a financial statement since they report the details and additional information that are left out.


Is income statement same as financial statement?

no. income statement is a only a statement in financial statements.


Where can one find financial statement software?

CNet is a resource for a variety of downloads, including financial statement software downloads. This software can also be found at Financial Statement Pro and My Financial Statement.


What should a businesses financial statement contain?

it should contain statement of comprehesive statement, statement of financial position and statement of cashflows


What is a Statutory financial statement?

A statutory financial statement is a financial statement of an insurance company prepared in accordance with statutory accounting standards.


What is financial statement?

financial comparison statement is a statement showing the trend in which financial figures are changing between two accounting period.


What is the difference between final account and financial statement?

Financial Statement: Financial statement is a instrument used to present a companies financial position. Financial statement complies with balance sheet, cash flow and funds flow statements. Final accounts is the final stage of preparation of financial statement