Merchandising vs. Service Companies: Income Statement Differences

Discover key differences in income statements for merchandising and service companies, including inventory, cost of goods sold (COGS), and revenue variations.
Entrepreneur

Using Income Statements — These 6 Numbers Will Tell You If Your Business Is on Track

You don’t need to be a CPA to understand your company’s financial health. You just need to know where to look. That starts with the income statement—also known as the profit and loss (P&L) ...

Clean Surplus Accounting: Decode Hidden Income Statement Items

Explore how clean surplus accounting exposes hidden income statement items, impacts net income, and its significance for ...
Business.com on MSN

Revenue vs. income: What’s the difference?

Revenue and income are also prominent fixtures in tax forms filed with the IRS, as well as in company strategies for ...
Let's Talk Money! with Joseph Hogue, CFA on MSN

Cash Flow Statement Explained: The Analyst’s Secret Weapon in Stocks

The Cash Flow Statement is a secret weapon for analysts and investors, a way to see through the accounting tricks companies ...