profit and loss statement

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GAAP net income, we only want to include the variable portion of manufacturing overhead in this part of the Contribution Margin Income Statement.
Product profitability becomes the creation of an income statement on a product level, where a unique income statement is produced for every product, usually defined as discreet product codes in your systems.
This is important because is helps avoid an additional income statement hit to earnings for future option exercises or cancellations.
Question 2 asks about income statement period and restatements.
affiliates with different income statement and tax years be backed out on line 3 based on its income statement year or will such income be backed out based on its tax year (which can then be traced to its separate return) with an appropriate adjustment made on line 6?
The contribution income statement is important because it allows you to analyze and find the most profitable combination of variable costs, fixed costs and volume.
Its balance sheet assets and liabilities look the same as the second company's do, but its income statement is different from either Company A or B since the gain or loss on the swap is recorded directly in earnings.
The income statement is also known as the profit & loss statement, income & expense statement, or operating statement.
First, the income statement is affected by the amount of the impairment loss.
No losses from the dot-com investment flow to the investor's income statement, moving some or all of the e-business development costs to the partially owned investment.
Many accountants suggest the most useful way to arrange your income statement is in a comparative format, in which you show the most current year s activity side by side with the previous year.
Let's examine the use of each of these tools separately, using the sample income statement found in Figure 1, prepared on a cash basis.