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The bottom line of the income statement will either report the net profits or net losses.
In regards reports the end result of an economic period of activity for a company or business. The bottom line determines the health of an organizations ability to generate profit - it is only the total revenues minus the expense to generate and reveals if a company is make a profit or it's expenses are too vast to generate profit.
It is one of the key followed items and compared frequently in various time period readings either weekly, monthly, quarterly and yearly to view specific changes either negative or positive affects of managing the affairs of business to be self sufficient the secondary next to the bottom line review is the statement of cash flows for monitoring business economic health to how this profit is generated and at what precise intervals.
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Which of the following is the bottom line on the income statement?
the net income
What is the bottom line of an organization?
A bottom line is a company's net earnings, net income, or earnings per share.
What is The strongest way to start a formal business document is with?
The correct answer is Bottom -line statement. yo welcome. :)
What was the income statement previously called?
The Income Statement is also called the P&L (Profit and Loss) Statement.
Does interest revenue go on income statement?
Yes all revenues are part of income statement and interest revenue also that’s why it is shown in income statement as other income.
Which of the following is the bottom line on the income statement?
the net income
The final figure on the income statement which shows the net income after taxes is better known as the?
bottom line
What does the idiom the bottom of the line mean?
"The bottom line" is an idiom that means the final result and comes from the line in a financial statement that shows net income or loss.
An officer of Carson Company recently commented that when he receives the firm's financial statements He looks at just the bottom line of the income statement -- the line that shows the net income or?
An officer of Carson Company recently commented that when he receives the firm's financial statements. He looks at just the bottom line of the income statement -- the line that shows the net income or net loss for the period. He said that he does not bother with the rest of the income statement because "it's only the bottom line that counts." He also does not read the balance sheet. Do you think this manager is correct in the way he uses the financial statements? Why or why not?
Why are creditors interested in the income statement?
Creditors would interested in an income statement because it would show the potential for revenue. Creditors would be more likely to lend money to a company with a positive bottom line.
when should a writer establish common ground before the bottom-line statement?
when the reader may disagree with the bottom-line statement.
Why is your Net Income on bottom line Profit and Loss statement is negative?
Net income is negative which means that either company has earn less revenue or have incurred more expenses then revenue earned.
Net income is often called the first line?
False. Net Income is often called "the bottom line".
What is top line and bottom line profitability?
operating income divide by top line
What is the bottom line of an organization?
A bottom line is a company's net earnings, net income, or earnings per share.
When should a writer establish common ground before the bottom line statement?
when the reader may disagree with the bottom-line statement.
How can you determine the annual sales of a company by looking at the financial statements?
Generally sales are listed on the Income Statement. The Income Statement is the financial statement that the company uses to find it's Net Profit or Loss. This includes all sales, minus cost of goods sold, allowances for returns, expenses and other accounts that affect the bottom line.
