ianocampo8682 ianocampo8682
  • 02-09-2020
  • Business
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The statement used to predict future profitability and a company's future cash-generating ability is the

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Emhicee
Emhicee Emhicee
  • 03-09-2020

Answer:

Income statement

Explanation:

As seen in the question above, Income statement can be defined as a statement used to predict or project the profitability of a company and its future. It is sometimes called cash flow statement.

In simpler terms, the income statement is a document that shows how much a

company will make over a certain period.

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