Definition of Income statement website ratiothe
A financial report that summarizes a company’s revenue, cost of
goods sold, gross margin, other costs, income, and tax obligations.
It’s one of the three primary financial statements of a business.
The bottom-line profit figure is labeled net income or net earnings by
most businesses.
The income statement is prepared for a given period of time, showing the revenues, expenses, and income (the
difference between revenues and expenses) of a corporation over some period of time.
www.finance-lib.com
Definition of Income statement website ratiothe
A financial report that summarizes a company’s revenue, cost of
goods sold, gross margin, other costs, income, and tax obligations.
It’s one of the three primary financial statements of a business.
The bottom-line profit figure is labeled net income or net earnings by
most businesses.
The income statement is prepared for a given period of time, showing the revenues, expenses, and income (the
difference between revenues and expenses) of a corporation over some period of time.
www.finance-lib.com
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