Income Statement: Why It's Important + Examples

income statement 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 walks through gross profit, adds in fixed costs, interest, depreciation, amortization, taxes to arrive at net income Income statements are ขอstatement An income statement contains a range of information pertaining to a company's finances It has four main components: revenue, expenses, gains and losses All of