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The statement of cash flows helps analysts evaluate all but which of the following?

The statement of cash flows reports all but which of the following:

An expense account is normally closed by debiting Income Summary and crediting the expense account.

Profit margin can also be called return on sales.

It is acceptable to record prepayment of expenses as debits to expense accounts if an adjusting entry is made at the end of the period to bring the asset account balance to the correct unused or unexpired amount.

The evaluation of company performance and financial condition includes evaluation of (1) past and current performance, (2) current financial position, and (3) future performance and risk.

The adjusting entry to record an accrued expense is:

The return on total assets can be calculated as profit margin times total asset turnover.

An expense account is normally closed by debiting Income Summary and crediting the expense account.

The return on total assets can be calculated as profit margin times total asset turnover.