The following information is not found on the income statement:
A)EPS
B)Amortization expense
C)Future income taxes
D)Cost of goods sold

Question

Quizplus · Accepted Answer

Future income taxes are related to deferred tax liabilities and assets, and are not reported on the income statement. The income statement includes items like EPS (Earnings Per Share), amortization expense, and cost of goods sold, which are related to the company's operational performance within a specific period.

The Following Information Is Not Found on the Income Statement