income statement

WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

Definitions from WordNet

Noun income statement has 1 sense

income statement, earnings report, operating statement, profit-and-loss statement - a financial statement that gives operating results for a specific period
--₁ is a kind of statement, financial statement

Definitions from the Web

Income Statement

Description:

An income statement, also known as a profit and loss statement or P&L statement, is a financial statement that summarizes a company's revenues, expenses, and net income or net loss over a specific period of time. It provides a snapshot of a company's financial performance and helps investors, shareholders, and analysts assess its profitability.

Sample Sentences:

The income statement showed that the company had a strong quarter with a significant increase in revenue.
According to the income statement, the company's operating expenses have been steadily decreasing over the past year.
Investors rely on the income statement to evaluate the financial health of a company before making investment decisions.
The income statement indicated a net loss for the year, highlighting the need for cost-cutting measures.

Related Products:

Find books and resources about income statements on Amazon:

Income Statement Books and Resources

income-generating income-generation income-proxy income-short income income income bracket income continuance income statement income tax income tax bracket income tax code income tax particulars of yotilal yenugutala income tax return incomepassing incomeprehensible incomers

Sponsored (shop thru our affiliate link to help maintain this site):

Check latest bestsellers | New Arrivals in Electronics