In this episode, we'll be going over the Income Statement. This is an important financial statement that shows a company's revenue and expenses over a period of time. We'll show you how to read and understand this statement, so that you can make better financial decisions for your business.
Episode Outline
(00:00) Introduction
(00:57) Income Statement
(07:54) Gross Profit
(11:22) Depreciation Costs
(12:32) Operating Profit
(14:02) Conclusion
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