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Why is EPS presented on the income statement as opposed to all other financial statement ratios?
Wiki User
∙ 9y ago
Because earning for specific fiscal year is calculated in income statement that's why earning per share for specific fiscal year is also presented in income statement.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoBecause earning for specific fiscal year is calculated in income statement that's why earning per share for specific fiscal year is also presented in income statement.
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Does accounts payable go on the income statement?
No, it is a Liability and will thus be presented on the Balance Sheet (Statement of Financial Position)
What financial statement covers a period of time?
The Income Statement and the Statement of Cash Flows. Both report information presented over a period of time.
Is income statement same as financial statement?
no. income statement is a only a statement in financial statements.
Which financial statement summarises income and expenditure?
income statement
Describe the diffferences between financial statement income and taxable income?
There is some difference in financial statement income as well as taxable income as in financial statement income there are items which are not allowed by tax authorities and main item is depreciation. Other factors are that tax is deducted on income which is received while in financial statement income included revenue which is not received or accrual items that needs to be adjusted as well that's why financial statement income and taxable income is not same.
Which financial statement shows the net income earned by a company?
The income statement.
What financial statement does transportation in go on?
INcome Statement
What financial statement is prepared first?
Income statement.
On which financial statement will income summary be shown a statemenet of owners equity b balance sheet c income statement d no financial statement?
D. No financial statement. Income summary is only used at the end of the period and is the account with no balance.
How do you find Net Profit on Financial Statement?
In income statement. In the end of income statement you will find net profit.
What type of accounts would not be presented on an income statement?
Withdrawals
What is the name of the financial statement that compares your income to expenses?
'Income Statement' is the financial statement which compares the business incomes with its expenses using matching principle for specific period of time
