Week 3 Discussion Research 3 - In fact, they use the income...

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Income statements are detailed summaries that can provide information to current stockholders as well as  potential investors.  It includes a company’s revenue over a definite time frame, and the costs and  expenses related to that revenue. The overall statement’s purpose is to show the company’s net earnings  or losses.   Current and possible investors use may use the income statement to calculate and evaluate a company. 
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Unformatted text preview: In fact, they use the income statement to study trends in order to estimate future earnings and also to assess the composition of net income. Sources: http://74.125.95.132/search? q=cache:vXYQvw_WZA0J:business.baylor.edu/Tom_Harrison/pn11.ppt+using+income+statem ents+for+stockholders+and+investors&cd=5&hl=en&ct=clnk&gl=us http://www.sec.gov/investor/pubs/begfinstmtguide.htm...
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