Teksavers an official reseller of high quality used cisco equipment
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Teksavers is an official reseller of new and used Cisco equipment and functions as an extension of their client’s IT department. We have been in business from many years, providing our customers with the best new and used Cisco products at great prices.
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Income statement definition
An income statement is a financial statement that reports a company's financial performance over a specific accounting period. It is one of the three important financial statements used for reporting a company’s financial performance, the other two being the balance sheet and the cash flow statement. The income statement focuses on the revenue, and expenses reported by a company during a particular period. It provides valuable insights into a company’s operations, the efficiency of its management, underperforming sectors, and its performance relative to industry peers.
The income statement is also known as the profit and loss (P&L) statement or the statement of revenue and expense. It starts with the details of sales and then works down to compute net income and eventually earnings per share (EPS). The income statement does not differentiate between cash and non-cash receipts (sales in cash vs. sales on credit) or cash vs. non-cash payments/disbursements (purchases in cash vs. purchases on credit).
Key income statement items
Revenue is the total amount of money a company earns from its operations, usually from the sale of goods or services. For example, a car manufacturer’s revenue would be the total amount of money it earns from selling cars.
Cost of Goods Sold (COGS) represents the direct costs associated with producing or delivering the goods or services sold by a company. In the auto industry, COGS would include the cost of raw materials, labor, and other expenses directly related to manufacturing vehicles.
Gross Profit is calculated by subtracting the COGS from the revenue.
Selling, General, and Administrative (SG&A) expenses represents the costs associated with a company's non-production activities, such as sales, marketing, and administrative functions. In the auto industry, SG&A expenses would include salaries of sales personnel, advertising expenses, rent for office spaces, and other costs related to running the business.
Depreciation & Amortization: Depreciation refers to the systematic allocation of the cost of a tangible asset over its useful life. Amortization, on the other hand, is the process of spreading out the cost of an intangible asset over its useful life. In the auto industry, depreciation and amortization expenses would include the depreciation of manufacturing equipment, vehicles, and amortization of patents or trademarks.
Interest Expenses represents the costs associated with borrowing money or using credit facilities. Interest expenses are incurred when a company has outstanding debt or loans. In the auto industry, interest expenses would include interest paid on loans used to finance manufacturing facilities or purchase equipment.
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.comCreating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...
Creating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...Aurelien Domont, MBA
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Income statement definition
An income statement is a financial statement that reports a company's financial performance over a specific accounting period. It is one of the three important financial statements used for reporting a company’s financial performance, the other two being the balance sheet and the cash flow statement. The income statement focuses on the revenue, and expenses reported by a company during a particular period. It provides valuable insights into a company’s operations, the efficiency of its management, underperforming sectors, and its performance relative to industry peers.
The income statement is also known as the profit and loss (P&L) statement or the statement of revenue and expense. It starts with the details of sales and then works down to compute net income and eventually earnings per share (EPS). The income statement does not differentiate between cash and non-cash receipts (sales in cash vs. sales on credit) or cash vs. non-cash payments/disbursements (purchases in cash vs. purchases on credit).
Key income statement items
Revenue is the total amount of money a company earns from its operations, usually from the sale of goods or services. For example, a car manufacturer’s revenue would be the total amount of money it earns from selling cars.
Cost of Goods Sold (COGS) represents the direct costs associated with producing or delivering the goods or services sold by a company. In the auto industry, COGS would include the cost of raw materials, labor, and other expenses directly related to manufacturing vehicles.
Gross Profit is calculated by subtracting the COGS from the revenue.
Selling, General, and Administrative (SG&A) expenses represents the costs associated with a company's non-production activities, such as sales, marketing, and administrative functions. In the auto industry, SG&A expenses would include salaries of sales personnel, advertising expenses, rent for office spaces, and other costs related to running the business.
Depreciation & Amortization: Depreciation refers to the systematic allocation of the cost of a tangible asset over its useful life. Amortization, on the other hand, is the process of spreading out the cost of an intangible asset over its useful life. In the auto industry, depreciation and amortization expenses would include the depreciation of manufacturing equipment, vehicles, and amortization of patents or trademarks.
Interest Expenses represents the costs associated with borrowing money or using credit facilities. Interest expenses are incurred when a company has outstanding debt or loans. In the auto industry, interest expenses would include interest paid on loans used to finance manufacturing facilities or purchase equipment.
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.comCreating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...
Creating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...Aurelien Domont, MBA
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Teksavers an official reseller of high quality used cisco equipment
- 2. Teksavers an Official Reseller Of High Quality Used Cisco Equipment The marketplace is filled with many companies that manufacture IT equipment. Cisco is one of the most trusted names when it comes to IT equipment. Teksavers is an official reseller of new and used Cisco equipment and functions as an extension of their client’s IT department. We have been in business from many years, providing our customers with the best new and used Cisco products at great prices.
- 3. Teksavers Buy and Sell All Kinds of IT Hardware We at Teksavers buy and sell IT hardware including network, server, storage, telecommunications, computer storage, and other merchandise from top manufacturers. They are the top suppliers in the market and are applauded for their business ethic, strong knowledge of products, and far-reaching customer service. The main focus of the company is on the product quality be it routers, switches, wires, lines, or telephones. They have a large inventory that is filled with lots of new and used Cisco products.
- 4. Used Product is Tested and Verified at Teksavers The used Cisco products at Teksavers are available at low-cost prices, with absolutely no compromise on product quality and service. All the items are thoroughly refurbished, tried, and tested by technicians to make sure that they work in top-notch conditions. Each item undergoes rigorous testing, and checked for any wear and tear before it is sold in the market.
- 5. Teksavers offers Quality Products at Effective Price Teksavers is a well recognized company that has excelled in customer service and product quality. They continue to give the best services to their clients worldwide. They assure that all the used Cisco equipment they sell improve the companies working and offer uninterrupted service at a cost lower that the new equipment. To know more, visit www.teksavers.com
- 6. Contact Us:: Address: U.S. CORPORATE OFFICE Teksavers, Inc. 2120 Grand Avenue Prkwy, Ste. 150 Austin, TX 78728 United States Phone: (866) 832-6188 http://www.teksavers.com
- 7. THANK YOU