Predictions about a company's future earnings can best be inferred from the Income Statement's:

Question

Quizplus · Accepted Answer

The continuing operations section of the Income Statement provides information about the company's ongoing business activities and operating expenses, which are important factors in predicting future earnings. The other sections, such as discontinued operations or other income/expense, may not provide as much insight into the company's future earnings potential. Earnings per share data can be helpful in analyzing a company's financial performance, but it is not the best indicator of future earnings potential on its own.

Predictions About a Company's Future Earnings Can Best Be Inferred