Respuesta :
Net income from the bottom of the income statement links to the balance sheet and cash flow statement.
An profits announcement or earnings and loss account is one of the financial statements of a company and shows the enterprise's revenues and charges in the course of a specific length. It shows how the sales are converted into net profits or net earnings.
An earnings announcement indicates a company's revenues, charges, and profitability over a period of time. it's also from time to time called an income-and-loss announcement or the announcement of a profit. It suggests your: sales from selling products or services. charges to generate revenue and manage your commercial enterprise.
The income declaration suggests a business enterprise's expenses, profits, profits, and losses, which can be put into a mathematical equation to arrive at the net earnings or loss for that time period. These statistics allow you're making well-timed choices to make certain that your commercial enterprise is on an excellent economic footing.
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