The income statement, also called the profit-and-loss statement, is a more detailed presentation of earnings, which is crucial when trying to uncover potential bargain stocks. To describe where a ...

Also referred to as a profit and loss statement. By combining these elements, the income statement illustrates just how much income your company makes or loses during the year by subtracting cost ...

Income from operations and operating income are the same thing, though their usage may vary. Income from operations is a general expression describing revenue a company earns from primary business ...

The income statement describes how much money a company has made or lost over a given period, usually three or 12 months. A company that produces or sells merchandise uses a form of the income ...

Revenue describes income earned through the provision ... Expenses can also be recorded into any number of line items on an income statement to reflect the particular type of expense.

These summaries are drawn from the general ledger. There may be footnotes in an income statement that describe specific cash purchases, but this is not a reliable source for line-item details.