0
This statement is a projection of the sales expected in a given period of time, the cost of the merchandise that will be sold, and the operating expenses of the business.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is the business definition for profit loss statement?
The business definition of the profit loss statement is a financial statement that explains your costs, expenses and revenues in a specific time period.
What is a projected income statement?
projected income statement is the estimated income statement to estimate the future business position.
What are the six parts of an income statement?
business
What is statement of profit or loss?
A statement of profit and loss is the business income and expense statement which sumarises the total income and expenses coming to the total profit (or loss) of the business which is the defference between the income and expenses.
Why is it not a good idea to rely on your income statement to run your business?
The income statement deducts noncash expenses, such as depreciation, even when no cash is actually flowing out of the business.
What is a mission statement for business?
A mission statement states the aims and purpose of a business.
Will a bank statement include your statement cash flow that is available?
A cash flow statement is the flow of money in and out of a business. If the bank statement is for your business, then yes, it'd be included on the statement sheet.
What is a mission statement for a home based internet business?
Mission statement is explaining the purpose of the business
Business communication is often termed as the lifeblood of business concern justify this statement with an example?
Business communication is often termed as the lifeblood of business concern justify this statement with an example?
What is the business definition for profit loss statement?
The business definition of the profit loss statement is a financial statement that explains your costs, expenses and revenues in a specific time period.
When did the statement of cash flows become a requirement for business?
The statement of cash flows replaced the statement of changes in financial position in 1987 as a required financial statement for all publically traded business enterprises.
What is a short specific statement of the purpose and direction of a business called?
It would be the company's vision statement.
When comparing a retail business to service business the financial statement that changes the least is?
Statement of ownership equity
What is a projected income statement?
projected income statement is the estimated income statement to estimate the future business position.
SAMPLE Of statement of affairs?
PURPOSE and notes on statement of affairs and samples for a new business
What is the rationale in a business plan?
a mission statement
What are the six parts of an income statement?
business
