Question 25 Not yet answered Marked out of 1.00 Flag question The basic format of an income statement is Select one: a. Sales - Liabilities = Profits b. Sales - Expenses = Profits c. Income - Expenses = EBIT d. Assets - Liabilities = Profits Question 26 Not yet answered Marked out of 1.00 Flag question The goal of profit maximization focus on the risk of financial decisions. Select one: True False