Bernie wanted to know what the net sales and the net profit after tax were during the year 2004 for his nephew's business,The Big Man Shop.Bernie should look at the store's:
A) balance sheet
B) financial leverage statement
C) income statement
D) profitability statement
E) strategic profit model

Question

Quizplus · Accepted Answer

The income statement summarizes the financial performance of a firm over a period of time.

Bernie Wanted to Know What the Net Sales and the Net