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2. How to Read a Company’s Profit and Loss Statement - AOL

   www.aol.com/news/read-company-profit-loss...

   Here is how to read deeper into a profit and loss statement. In the 2017 annual statement, Apple reported revenue of $229 billion and that revenue cost $141 billion, leaving the company a gross ...

3. 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 ...

4. How to Calculate Profit - AOL

   www.aol.com/finance/calculate-profit-050000335.html

   There are three types of profit that can be found on your company’s income statement: gross profit, operating profit, and net profit. Gross profit.

5. Final accounts - Wikipedia

   en.wikipedia.org/wiki/Final_accounts

   It determines the financial position of the business. Under this, it is compulsory to make a trading account, the profit and loss account, and balance sheet. The term "final accounts" includes the trading account, the profit and loss account, and the balance sheet.

6. Financial accounting - Wikipedia

   en.wikipedia.org/wiki/Financial_accounting

   Statement of financial performance (income statement, profit & loss (p&l) statement, or statement of operations) [ edit ] The statement of profit or income statement represents the changes in value of a company's accounts over a set period (most commonly one fiscal year ), and may compare the changes to changes in the same accounts over the ...

7. Net income - Wikipedia

   en.wikipedia.org/wiki/Net_income

   Net profit on a P & L (profit and loss) account: Sales revenue = price (of product) × quantity sold; Gross profit = sales revenue − cost of sales and other direct costs; Operating profit = gross profit − overheads and other indirect costs; EBIT (earnings before interest and taxes) = operating profit + interest income + other non-operating ...