which would not be included on an income statement for the best brand company?\na. projected profit\nb. net…
which would not be included on an income statement for the best brand company?\na. projected profit\nb. net sales\nc. cost of goods\nd. operating expenses\nplease select the best answer from the choices provided\na\nb\nc\nd
Answer
Brief Explanations:
An income statement shows actual revenues, costs, and expenses over a period. Net sales, cost of goods, and operating expenses are actual - related items. Projected profit is a forecast and not part of the historical financial data shown on an income statement.
Answer:
A. Projected Profit