Definitions
There is 1 meaning of the phrase
Income Statement.
Income Statement - as a noun
A financial statement that gives operating results for a specific period
Synonyms (Exact Relations)
earnings reportoperating statementprofit-and-loss statementExample Sentences
"The income statement provides a summary of a company's revenues, expenses, and net income for a specific period."
"Before investing, it is important to review a company's income statement to assess its financial health."
"The income statement showed a significant increase in sales compared to the previous quarter."
"An accurate income statement helps investors and creditors evaluate a company's profitability and risk."
"When preparing a business plan, it is crucial to include a detailed income statement."
