Outsourcing Bookkeeping/Data Processing Services
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P B Tech Impact Solutions Pvt. Ltd. (Outsourcing hub India) is one of the advanced and efficient outsourcing company in India that offers a wide range of outsourcing bookkeeping, data processing services to small medium businesses and CPA firms.
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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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Hubungi Wa: ( 0851-8062-6899 ), Jual Obat Aborsi Cytotec Di Pekalongan, Penjual Obat Aborsi Pekalongan, Cytotec di Pekalongan, Obat Aborsi Di Pekalongan, Jual Obat Aborsi Pekalongan, Obat Aborsi Penggugur Kandungan Pekalongan,jual obat cytotec di pekalongan, toko jual obat aborsi cytotec asli ampuh kota pekalongan jawa tengah, penjual obat aborsi pekalongan kota pekalongan, jawa tengah, jual obat cytotec aborsi kandungan kota pekalongan, jawa tengah, jual obat penggugur kandungan pekalongan kota pekalongan, jawa tengah, obat aborsi pekalongan apotek kota pekalongan jawa tengah, obat aborsi pekalongan kota pekalongan, jawa tengah, jual obat aborsi cytotec asli 100% ampuh tuntas pekalongan pekalongan jawa tengah, jual cytotec pekalongan, toko jual obat aborsi cytotec asli ampuh kota pekalongan jawa tengah, jual obat penggugur kandungan pekalongan kota pekalongan, jawa tengah, cytotec pekalongan murah, penjual obat aborsi pekalongan kota pekalongan, jawa tengah, cytotec pekalongan, obat aborsi pekalongan kota pekalongan jawa tengah, jual cytotec pekalongan kota pekalongan jawa tengah, harga cytotec, harga obat cytotec asli, obat aborsi pekalongan, cytotec olx, alamat jual obat cytotec di pekalongan, cytotec depok, cytotec online, apakah cytotec aman, klinik jual obat aborsi legal di pekalongan, obat penggugur kandungan di pekalongan, cara menggugurkan kandungan, obat penggugur kandungan pekalongan, cara menggugurkan kandungan di pekalongan, alamat jual obat aborsi di surabaya, klinik jual obat aborsi legal di pekalongan, obat penggugur kandungan jakarta, jual cytotec obat aborsi pekalongan kota pekalongan jawa tengah, obat aborsi pekalongan, obat aborsi-terbaik kota pekalongan jawa tengah, jual obat aborsi kota pekalongan jawa tengah, apotik pekalongan jual obat aborsi, obat aborsi - obat pendorong janin 100 efektif pekalongan jawa tengah, obat aborsi pekalongan kota pekalongan jawa tengah, jual obat aborsi kota pekalongan jawa tengah, apotik pekalongan jual obat aborsi, obat aborsi - obat pendorong janin 100 efektif pekalongan jawa tengah, obat aborsi pekalongan 3 jam tuntas gugur pekalongan city central java, jual obat aborsi pekalongan herbal kota pekalongan jawa tengah, obat aborsi pekalongan apotek kota pekalongan jawa tengah, harga cytotec di apotik k24 pekalongan, obat pelancar haid pekalongan, jual obat telat bulan di pekalongan, obat penggugur kandungan di daerah bandungan, jual obat genekosit, genekosit harga, jual obat cytotec aborsi kandungan kota pekalongan, jawa tengah, jual obat aborsi cytotec asli penggugur kandungan ampuh di pekalongan kota pekalongan jawa tengah, jual obat penggugur kandungan pekalongan kota pekalongan jawa tengah, toko jual obat aborsi cytotec asli ampuh kota pekalongan jawa tengah, jual obat aborsi pekalongan herbal kota pekalongan jawa tengah, obat penggugur kandungan pekalongan kota pekalongan jawa tengah, obat aborsi pekalongan apotek kota pekalongan jawa tengah, jual cytotec pekalongan kota pekalongan jawa teApotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
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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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Outsourcing Bookkeeping/Data Processing Services
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