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Which would NOT be included on an income statement for the Best Brand Company? A. Projected Profit b. Net Sales c. Cost of Goods d. Operating Expenses Please select the best answer from the choices provided A B C D

2 Answers

4 votes

Answer:A

Step-by-step explanation:I just took the test

User Dgiulian
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2 votes

Answer:

Option A

Explanation:

The income statement comprises of income made in a given year.

It never gives details of the target income or the income projected.

Hence, projected profit will not be included in the income statement. Rest all other options i,e Net Sales c. Cost of Goods d. Operating Expenses are the actual income and expenditure components that are included in a income statement

Option A is correct

User Arthur P
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