How to get the income statement?
Posted: Wed Jan 22, 2025 9:09 am
These are all the contributions that the company makes to the government in which it operates based on the profits it has generated.
9. Net profit
It is the result obtained by the company after having met its operating, financial and tax expenses.
To obtain the income statement, the 9 accounts mentioned above vp r&d mailing leads are used, and broadly speaking, it is obtained by following the steps explained below:
The period to be analyzed is chosen.
The total amount of sales is indicated: subtracting returns and discounts.
Gross profit is calculated , that is, the costs that influenced the products to reach the final consumer are subtracted from the previous point.
Operating sales expenses are determined: sum of rent, advertising , services, among others.
Operating profit is calculated by subtracting gross profit minus operating sales expenses.
Financial income is added : this is not related to the product or service offered but to income such as bank loans or government support.
Financial expenses are subtracted : this corresponds to the interest paid on the loan, other expenses that are not specified are also subtracted and other undefined income is added.
9. Net profit
It is the result obtained by the company after having met its operating, financial and tax expenses.
To obtain the income statement, the 9 accounts mentioned above vp r&d mailing leads are used, and broadly speaking, it is obtained by following the steps explained below:
The period to be analyzed is chosen.
The total amount of sales is indicated: subtracting returns and discounts.
Gross profit is calculated , that is, the costs that influenced the products to reach the final consumer are subtracted from the previous point.
Operating sales expenses are determined: sum of rent, advertising , services, among others.
Operating profit is calculated by subtracting gross profit minus operating sales expenses.
Financial income is added : this is not related to the product or service offered but to income such as bank loans or government support.
Financial expenses are subtracted : this corresponds to the interest paid on the loan, other expenses that are not specified are also subtracted and other undefined income is added.