Professional Documents
Culture Documents
Purpose of this assignment: the more you read statement, the more you
learn, which will reduce the stress of memorizing
The Four Key Financial Statements: The
Income Statement
» The income statement provides a financial
» summary of a company’s operating results
during a specified period.
» Although they are prepared quarterly for
reporting purposes, they are generally computed
monthly by management and quarterly for tax
purposes.
3-
3
3-
5
3-
8
3-
9
3-
10