Income Statement - Introduction Reference Library

income statement  An income statement shows key performance indicators, such as revenue and sales before taxes and business expenses over an established period  The income statement is designed to start with revenue, then deduct expenses until you are left with net income

Your income statement follows a linear path, from top line to bottom line Think of the top line as a “rough draft” of the money you've made— The income statement starts with a company's revenue and ends with its net profit after subtracting operating and non-operating expenses, such

Income Statement and Balance Sheet · 1 Interest income, 52 , 68 , 61 , 59 , 49 , 58 , 53 , 53 · 2 Interest Learn about what goes on an income statement and its format, including how to prepare, what