The statement of earnings provides investors with information about a company's investing activities.

Question

Quizplus · Accepted Answer

The statement of earnings, also known as the income statement or profit and loss statement, provides information about a company's revenues and expenses during a specific period of time, but it does not specifically focus on investing activities. Information about investing activities can be found in the statement of cash flows or the notes to the financial statements.

The Statement of Earnings Provides Investors with Information About a Company's