A company's income statement shows how much money it brought in as revenue or sales, how much it spent on expenses, and how much profit or loss -- also called net income -- was generated for a given ...

The income statement is one of the four core financial statements created by businesses. The statement details income and expenses for a company during a defined period of time. In most instances, the ...

Your income statement shows you how much money you received during the year and how much money you paid out in expenses during the year. Before you get to your net profit, you need to include your ...

Net income seems straightforward: It is the result when expenses (administrative expenses, business expenses, interest expenses, operating costs and other expenses) are subtracted from revenue. This ...

Income statements detail revenue, expenses, and net income from top to bottom. Reading starts with revenue, deducts expenses, and ends with net income. Subtotal figures help identify missing account ...