Khan Academy: "Finance: Introduction to the Income Statement"

This video introduces income statements. An income statement is an account of the revenues (net sales), costs, expenses, and taxes of a company during a period of time, say from December 31, 2011 to December 31, 2012.  The goal of an income statement is to compute the net profits of a company and all the different items involved.

Last modified: Wednesday, October 9, 2019, 2:29 PM