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Income statement |
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Income statement (statement of operations) A statement showing the revenues, expenses, and income (the difference between revenues and expenses) of a corporation over some period of time.
Income statement. An income statement, also called a profit and loss statement, shows the revenues from business operations, expenses of operating the business, and the resulting net profit or loss of a company over a specific period of time. In assessing the overall financial condition of a company, you'll want to look at the income statement and the balance sheet together, as the income statement captures the company's operating performance and the balance sheet shows its net worth. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Statement billing statement of additional information statement of cash flows Statement of condition Statement of Financial Accounting Standards No. 52 Statement of Financial Accounting Standards No. 8 statement of financial condition Statement of Financial Performance statement of financial position statement of operations statement of retained earnings Statement-of-Cash-Flows Method Statements Static theory of capital structure Stationary time series |
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