What Information Does a Firm's Income Statement Provide to the Viewing

Multiple Choice

What information does a firm's income statement provide to the viewing public?

A) an itemization of all of a firm's assets and liabilities for a defined period of time
B) a complete listing of all of a firm's cash receipts and cash expenditures for a defined period of time
C) a report of revenues and expenses for a defined period of time
D) a report of investments made and their cost for a specific period of time