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Other Fields Homework Help Business Topic started by: goji.go on Feb 9, 2013



Title: What does an income statement show?
Post by: goji.go on Feb 9, 2013
What does an income statement show?


Title: Re: What does an income statement show?
Post by: Testman on Feb 13, 2013
revenue, profit or loss, costs of goods sold, inventory etc.


Title: Re: What does an income statement show?
Post by: bbb on Feb 14, 2013
The income statement reflects the profitability of a company by showing revenue and operating expenses. The difference between revenue and expense is profit or loss. The income statement highlights management's efficiency at minimizing expenses while maximizing profits.


Title: Re: What does an income statement show?
Post by: goji.go on Feb 14, 2013
Thanks :D