Income Statement

income statement  Income Statement and Statement of Retained earnings, As originally reported, December 31, 2016 financial statements YE December, 31, 2016 Sales $ 82,914  Subtract the selling and administrative expenses total from the gross margin Doing this will give you the amount of pre-tax operating income

The income statement gives you a snapshot view of your business's financial performance and profitability Download our free income statement template Single-Step Income Statement format aggregates all revenues and subtracts all expenses to find the net income in a single step Multi-Step

An Income Statement is a core financial statement that shows a firm's financial performance over a given accounting period You can find it in the company's The three financial statements are the income statement, the balance sheet, and the statement of cash flows See them explained in detail