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Understand the cash flow statement versus the income statement
The cash flow statement and the income statement are an integral part of a company’s…
Monthly Archives: March, 2017
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Impact of capital expenditure on the income statement
What is a capital expenditure (CAPEX)? A capital expenditure (CAPEX) is an investment in a…
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How to read and analyze an income statement?
The income statement, also known as the income statement (P&L), is the financial statement that…
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What are the main ratios of the income statement?
Whether you are a financial professional or an investor, analyzing financial statement information is crucial.…
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How are prepaid expenses recorded in the income statement?
Prepaid expenses are not initially recorded in the income statement. Instead, the prepaid expense is…
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How do the income statement and the balance sheet differ?
Companies produce three main financial statements that reflect their business activities and profitability for each…
Look for these red flags in the income statement
While Enron has become the star child of blatant financial statement fraud, other companies are…
Earned Income Credit – Tax Credit Requirements and Guidelines
Monkey Business Images / Shutterstock.comWorkers who don’t make much money or who lost their jobs…