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  2. Income statement - Wikipedia

    en.wikipedia.org/wiki/Income_statement

    Sankey Diagram - Income Statement (by Adrián Chiogna) An income statement or profit and loss account [1] (also referred to as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations) [2] is one of the financial statements of a company and ...

  3. Balance sheet - Wikipedia

    en.wikipedia.org/wiki/Balance_sheet

    In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.

  4. Profit maximization - Wikipedia

    en.wikipedia.org/wiki/Profit_maximization

    In simple terms, although profit is related to total cost, =, the enterprise can maximize profit by producing to the maximum profit (the maximum value of ) to maximize profit. But when the total cost increases, it does not mean maximizing profit Will change, because the increase in total cost does not necessarily change the marginal cost.

  5. Materiality (auditing) - Wikipedia

    en.wikipedia.org/wiki/Materiality_(auditing)

    0.5% to 1% of gross profit, if gross profit is more than $1,000,000 but less than $100,000,000; 0.5% of gross profit, if gross profit is more than $100,000,000. Blended methods involve combining some or all of these methods, by using an appropriate weighting for each element.

  6. Why a dramatic jump in small business optimism is about more ...

    www.aol.com/finance/why-dramatic-jump-small...

    If the jump — which puts the index at June 2021 levels and above its 50-year average for the first time in a couple of years — is big enough to change how small businesses hire and spend, the ...

  7. Apple offers modest growth outlook after iPhone sales help ...

    www.aol.com/news/apple-beats-wall-street...

    Sales in Apple's services business, which includes iCloud storage and Apple Music, were $24.97 billion, compared with analyst expectations of $25.28 billion, according to LSEG.

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