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the income statement differ from the balance sheet, which is a summary about the location of businesses at the same time, business results reflect the cumulative results of operations in a specified period of time. It shows whether the business is profitable or not-that is, whether of net income (net profit) positive or negative. That is why the income statements are often viewed as reported interest losses. In addition, it also reflected the profit of the company at the end of a certain period of time-usually last month, quarter or fiscal year of the company. At the same time, it also said the company spent a lot of money for an income-from there you can determine the rate of return on the company's revenue. The income statement is represented by a simple equation is as follows: revenues-expenses = net income
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