Ideally,income from continuing operations would be the better income figure to use to project the future from the analysis of historical statements.

Question

Quizplus · Accepted Answer

Income from continuing operations represents the profits a company generates through its normal business operations, excluding any one-time gains or losses. It provides a more accurate picture of a company's ongoing profitability and is therefore a better income figure to use when projecting future performance, based on historical statements.

Ideally,income from Continuing Operations Would Be the Better Income Figure