justneededanswers92 justneededanswers92
  • 20-05-2021
  • Mathematics
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Why is it important for a company to create an income statement?

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amy7486 amy7486
  • 20-05-2021
An income statement is important because it offers a recent picture of the company's revenues and expenses and overall profitability. Managers and investors can use this information to make financial decisions.
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