The%20Format%20of%20the%20Income%20Statement0

The%20Format%20of%20the%20Income%20Statement0 - Operating...

Info iconThis preview shows pages 1–16. Sign up to view the full content.

View Full Document Right Arrow Icon
The Format of the Income Statement (Also called the “Profit and Loss (P&L) Statement”)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Revenue (or Sales or Net Sales) This is the “Top Line”
Background image of page 2
Revenue (or Sales or Net Sales) - Cost of Goods Sold (or “Cost of Sales”)
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Revenue (or Sales or Net Sales) - Cost of Goods Sold Gross Profit or Gross Margin
Background image of page 4
Gross Profit or Gross Margin - Administrative Expenses “SG&A”
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Gross Profit or Gross Margin - Administrative Expenses - Other Operating Expenses
Background image of page 6
Gross Profit or Gross Margin - - Other Operating Expenses Earnings Before Interest, Income Taxes, Depreciation & Amortization Expenses “EBITDA”
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
EBITDA - Amortization Expenses Operating Income or Loss
Background image of page 8
Operating Income or Loss Is Also Called: Operating Earnings (or Loss) Operating Profit (or Loss) Income (or Loss) from Operations
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 10
Background image of page 11

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 12
Background image of page 13

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 14
Background image of page 15

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 16
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Operating Income (Loss) - Other Revenues, Gains, Expenses, and Losses * Income Before Income Taxes * Includes Interest Expense, Interest Revenue, Gain or Loss on Sale of Assets or Investments (& Other One-Time Events) Income Before Income Taxes - Income Tax Expense Or Provision for Taxes Income Before Income Taxes - Income Tax Expense Or Provision for Taxes Income Before Discontinued Operations & Extraordinary Items Income Before Discontinued Operations & Extraordinary Items Discontinued Operations (if they are any that year) Discontinued Operations Income Before Extraordinary Gains/Losses (if there are any that Period) Extraordinary Gains/Losses Extraordinary Gains/Losses Net Income or Net Loss Net Income or Net Loss Earnings Per Share Data...
View Full Document

This note was uploaded on 02/17/2010 for the course MIS 042 taught by Professor Herrin during the Spring '10 term at University of Texas at Austin.

Page1 / 16

The%20Format%20of%20the%20Income%20Statement0 - Operating...

This preview shows document pages 1 - 16. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online