Melissa is the executive director of a local food bank and is assessing the financial situation of her not-for-profit organization. melissa uses a(n) to determine whether revenues from contributions and other sources will cover operating costs.

Income statement is the correct answer.

Explanation:

An income statement is important financial statement which is used to report a company's financial performance for a specific accounting period. The other two statements are balance sheet and the statement of cash flows. Income statement is also known as profit and loss statement or the revenue-expense statement. The statement focuses on the company's revenues and expenses in a particular period. It is also an important part of company's performance report.

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