A company's income statement shows how much money it brought in as revenue or sales, how much it spent on expenses, and how much profit or loss -- also called net income -- was generated for a given ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a ...

Net income seems straightforward: It is the result when expenses (administrative expenses, business expenses, interest expenses, operating costs and other expenses) are subtracted from revenue. This ...

Laura Porter / Investopedia Businesses calculate earnings per share (EPS) using net income. It is often called the bottom line because it appears last on the income statement. In the UK, it's known as ...

Understanding cash flow statements is important because they measure whether a company generates enough cash to meet its operating expenses.

Income statements detail revenue, expenses, and net income from top to bottom. Reading starts with revenue, deducts expenses, and ends with net income. Subtotal figures help identify missing account ...