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The financial statement that highlights the components of net income is the income statement.

What is an income statement?

The income statement is a financial statement that contains the record of a company's income and expenses in a financial year. It is used for determining if a company is earning a profit or a loss.

It also contains components that explains the net income of the company.

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The Financial statement might be chosen by a company because it highlights the components of net income.

What is Financial statement?

Financial statement are materials or tools that can be used to monitor a company or firm's performance. It can be in form of written document including the financial activity of a company over a given period of time.

It include the income of a company as well as expenses.

Therefore, the Financial statement might be chosen by a company because it highlights the components of net income.

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