income statement

Frequency: 6.54.0 per million words

a financial document showing revenue and expenses over a period

statementADJECTIVE + statement

Categories:

income

Examples (10)

  • Every quarter, companies release their income statements to the public.
  • Analyzing the income statement helps investors understand a company's profitability.
  • The accountant is preparing the annual income statement.
  • A healthy income statement often indicates a well-managed business.
  • We need to review last year's income statement to assess our financial performance.
  • The income statement details revenues, expenses, and net profit or loss.
  • Investors often compare income statements from different periods.
  • Understanding how to read an income statement is crucial for business owners.
  • The company's latest income statement showed significant growth in revenue.
  • Banks often request an income statement when evaluating loan applications.