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The Income Statement
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Defining the Income Statement

Wikimedian's Income Statement

Wikimedian's Income Statement

Understanding an income statement is best accomplished by analyzing one. The above income statement is pulled directly from Wikipedia, and is the financial information they are offering to external stakeholders and the general public. The income statement starts with revenues, minuses costs and expenses, and results in a net gain or loss.

Understanding an income statement is best accomplished by analyzing one. The above income statement is pulled directly from Wikipedia, and is the financial information they are offering to external stakeholders and the general public. The income statement starts with revenues, minuses costs and expenses, and results in a net gain or loss.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "Cascadia_Wikimedians_User_Group_-_Income_statement_as_of_Dec_312C_2015.jpg."
    https://upload.wikimedia.org/wikipedia/commons/a/a7/Cascadia_Wikimedians_User_Group_-_Income_statement_as_of_Dec_31%2C_2015.jpg Wikimedia CC BY-SA 3.0.

Related Terms

  • Profitability
  • depreciation
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