Income Statement: What are the key components?
income statement An income statement shows · Sales revenue - the amount of money received for selling goods or services · Gross profit An income statement shows key performance indicators, such as revenue and sales before taxes and business expenses over an established period
Income Statement Revenues, Operating Expenses, Depreciation, and Income Taxes INCOME STATEMENT Net Operating Income Other Income and Deductions One of a company's three financial statements, the income statement showcases all income and expenses within a given period
Income Statement Revenue, $ 21,706, $ 22,925 Operating Expenses: Compensation and benefits, 11,639, 11,464 There are four main financial statements They are: balance sheets; income statements; cash flow statements; and statements of