A Question Asked by Stockholders Is,"How Much Profit Did the Company

Multiple Choice

A question asked by stockholders is,"How much profit did the company make?" What should the stockholder examine to get the most information that will help evaluate the answer to this question?

A) The balance sheet,because retained earnings represents current profits
B) The statement of cash flows,as cash inflows and outflows represents current profits
C) The income statement,since it shows the revenues and expenses for the period
D) The economic resources of the company