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SVEN [57.7K]
3 years ago
15

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

Business
2 answers:
Scilla [17]3 years ago
8 0
A profit and loss statement<span> 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. </span>
strojnjashka [21]3 years ago
6 0

Answer:

B. Profit-and-loss statement

Explanation:

The balance sheet shows the assets and liabilities of an entity but not the performance.

How well a business has done is a measure of the revenue the company makes with a consideration of the cost incurred in generating this revenue.

The net of the revenue and cost gives the income of the entity.

Such information is only available in the Profit-and-loss statement.

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