The goal of analyzing an income statement is to derive an effective indicator to [...]
Answer
predict future earnings and cash flows
If you want to change selection, open original toplevel document below and click on "Move attachment"
Parent (intermediate) annotation
Open it The goal of analyzing an income statement is to derive an effective indicator to predict future earnings and cash flows
Original toplevel document
Subject 6. Non-Recurring Items and Non-Operating Items The goal of analyzing an income statement is to derive an effective indicator to predict future earnings and cash flows. Net income includes the impact of non-recurring items, which are transitory or random in nature. Therefore, net income is not the best indicator of future income. Recurring pre-tax inc
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Details
No repetitions
Discussion
Do you want to join discussion? Click here to log in or create user.