Income Statement: How Businesses Measure Profit

04/09/2025 3 min Temporada 1 Episodio 11

Listen "Income Statement: How Businesses Measure Profit"

Episode Synopsis

How much money did a business make or lose over a period of time? The income statement gives us the answer. In this episode, we’ll explain the parts of an income statement, how it shows revenue, expenses, and profit, and why it’s one of the most important tools for decision-making.