FAQs tagged as

Income Statement

  1. What are some examples of how cash flows can be manipulated or distorted?

  2. How do I calculate cost of goods sold (COGS) using the first in, first out (FIFO) ...

  3. What's the difference between cost of goods sold (COGS) and cost of sales?

  4. What's the difference between retained earnings and revenue?

  5. What are the main income statement ratios?

  6. What are the differences between comprehensive income and other comprehensive income?

  7. What are the main differences between single step and multiple step income statements?

  8. What are the differences between income statements from merchandising companies vs. ...

  9. What's the difference between profit margin and operating margin?

  10. What is the accounting treatment for unusual or infrequent items for IFRS and U.S. ...

  11. How are effective tax rates calculated from income statements?

  12. What are the income statement presentation formats and what industries use them?

  13. What does an income statement look like?

  14. What are the differences between gains & losses and revenue & expenses?

  15. Does gross profit include depreciation or amortization?

  16. Does gross profit include labor and overhead costs?

  17. Does gross profit account for sales returns?

  18. What are the differences between operating profit and operating income?

  19. What are the differences between operating expenses and SG&A?

  20. When should I use depreciation expense instead of accumulated depreciation?

  21. Why do some companies pay a dividend, while other companies do not?

  22. How do companies calculate revenue?

  23. What's the difference between EBITDA, EBITDAR and EBITDARM?

  24. When is earnings season?

  25. What is earnings management?

  26. Where can I find information on different companies so that I won't have to read ...

  27. What's the difference between bottom-line and top-line growth?

  28. How rapidly can expanding sales reduce a firm's earnings?

  29. How are a company's financial statements connected?

  30. Why do companies report earnings at different times?

  31. When must a company announce earnings?

  32. What are pro forma earnings?

  33. Is it possible for a company to have a positive cash flow and a negative net income?

  34. What is the difference between amortization and depreciation?

  35. Why would my stock's value decline despite good news being released?

  36. What does the diluted share price reveal about a company's financial strength?

  37. What happens if a company doesn't think it will collect on some of its receivables?

  38. When should a company recognize revenues on its books?

  39. Why do companies postpone earnings announcements?

  40. What is the difference between a compiled and a certified financial statement?

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