Which spreadsheet type will determine how well a business has done over the past year?

A. Balance sheet

B. Profit-and-loss statement

C. Budget

D. Invoice

Question

Nathan Hinton

Business

13 February, 00:10

Which spreadsheet type will determine how well a business has done over the past year?

A. Balance sheet

B. Profit-and-loss statement

C. Budget

D. Invoice

+2

Answers (1)

Know the Answer?

Donovan Armstrong · Answer 1

A profit and loss statement will determine how well a business has done over the past year. The profit and loss statement is a financial statement which shows revenue, costs and all expenses that happened during a said period of time. Most companies do this quarterly or yearly.

Which spreadsheet type will determine how well a business has done over the past year?A. Balance sheetB. Profit-and-loss statementC. BudgetD. Invoice

Which spreadsheet type will determine how well a business has done over the past year?

A. Balance sheet

B. Profit-and-loss statement

C. Budget

D. Invoice