Which of the following is not true about the information provided in the income statement? It helps in evaluating working capital. It provides a basis for predicting future performance. It helps assess the risk or uncertainty of achieving future cash flows. It helps in evaluating the past performance of the enterprise.

Which of the following is not true about the information provided in the income statement? It helps in evaluating working capital. It provides a basis for predicting future performance. O O O O It helps assess the risk or uncertainty of achieving future cash flows. It helps in evaluating the past performance of the enterprise. Click if you would like to Show Work for this question: Open Show Work