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 ...

The four primary types of financial statements are: balance sheet, income statement, cash flow statement, and statement of shareholders' equity. Comprehensive income offers a fuller picture of a ...

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 ...

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.

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 ...