A company's income statement shows how much money it brought in as revenue or sales, how much it spent on expenses, and how much profit or loss -- also called net income -- was generated for a given ...

Revenue is the amount of money a company receives in exchange for its goods and services or, conversely, what a customer pays a company for its goods or services. The revenue received by a company is ...

Revenue and income are also prominent fixtures in tax forms filed with the IRS, as well as in company strategies for ...

Net income seems straightforward: It is the result when expenses (administrative expenses, business expenses, interest expenses, operating costs and other expenses) are subtracted from revenue. This ...

Income statements detail revenue, expenses, and net income from top to bottom. Reading starts with revenue, deducts expenses, and ends with net income. Subtotal figures help identify missing account ...