Results for tag: "Profit And Loss"

The Profit and Loss market is a financial statement that summarizes the revenues, costs, and expenses incurred during a specified period, usually a fiscal quarter or year. It is used to calculate the net income or loss of a business. The statement begins with revenues and subtracts cost of goods sold, operating expenses, depreciation, and other expenses to arrive at the net income or loss. It is also known as the income statement, statement of operations, or statement of financial performance. The Profit and Loss market is an important tool for businesses to assess their financial performance and make decisions about their operations. It is also used by investors and creditors to evaluate the financial health of a company. Some companies in the Profit and Loss market include Apple, Microsoft, Amazon, Walmart, and ExxonMobil. Show Less Read more