Học từ vựng | Vocabulary learning |income statement
income statement ()
/ˈɪnkəm ˈsteɪtmənt/
/ˈɪnkəm ˈsteɪtmənt/
a document that shows a company's profit or loss in a particular period of time
According to its income statement, the company's revenue decreased by 21.5% during the third quarter.
Investors analyze the income statement to assess financial health.
The income statement reflects company performance over time.
Accountants prepare the income statement annually.
Understanding the income statement is crucial for financial literacy.
