Which of the Following Income Statement Figures Would Probably Be

question 13

Multiple Choice

Which of the following income statement figures would probably be the best indicator of a company's future performance?

• A) Total revenues.
• B) Income from operation.
• C) Net income.
• D) Comprehensive income.

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Definitions:

Family and Medical Leave Act

A U.S. federal law that requires covered employers to provide employees with job-protected and unpaid leave for qualified medical and family reasons.

Military Service

A period of time spent serving in the armed forces of a country.

Minimum Wage

The lowest wage, either by government regulation or by union contract, that an employer may pay an hourly worker.

Federal Minimum Wage

The lowest legal hourly pay for most workers in the United States, set by federal law.