Question: 8 (2.45 points) Income statement users are interested in assessing the future prospects for the business entity as well as making judgments pertaining to the

8 (2.45 points) Income statement users are interested in assessing the future prospects for the business entity as well as making judgments pertaining to the results of the current year. Because of this, the income statement presentation in the annual report: Presents cash flows from financing activities. Labels any non-recurring and/or unusual items clearly. Presents cash flows from investing activities. Presents cash flows from operations. Presents net income on a cash-flow per share basis

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