Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.
Discover the synergy between income statements, balance sheets, and cash flow statements for a full analysis of a company's financial health and performance.
Income statements detail revenue, expenses, and net income from top to bottom. Reading starts with revenue, deducts expenses, and ends with net income. Subtotal figures help identify missing account ...
A company's income statement shows how much money it brought in as revenue or sales, how much it spent on expenses, and how much profit or loss -- also called net income -- was generated for a given ...