Questions tagged [income-statement]
The income-statement tag has no usage guidance.
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Do Operating Expenses typically include Depreciation & Amortization? [closed]
I have been finding conflicting information on the internet regarding whether depreciation and amortization (D&A) is part of operating expenses.
On the Income Statement page on Wikipedia, D&A ...
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Subtract D&A is necessary
I read Warren Buffett and the interpretation of the financial statements, but depreciation and amortization thing still confuses me a lot. When I look at the Microsoft's income statement (i.e. https://...
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Understanding Days Sales Outstanding (DSO) Ratio
The definition of DSO is:
Days Sales Outstanding (DSO) = Accounts Receivable (AR)/Total Credit Sales * (# of days)
If you look at any finance website such as Investopedia, they will say the following:
...
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Personnel costs recorded twice in the income statement? [closed]
We are talking about a company that produces its own products. Since the manufacturing costs also include part of the personnel costs, the personnel costs are recorded twice in the income statement. ...
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Does a public company's tax comes from financial reports? [duplicate]
I'm studying financial reports. There is a section on Yahoo Finance that contains gross profit, net income, total revenue, etc..
How does a company know how much tax it should pay? Is it based only ...
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Understanding the income statement - Verizon's net income
I'm trying to figure out how Verizon has calculated their net income, I believe it should be:
net income=total revenue - total costs
However, when I look at Verizon's 2020 income statement from Yahoo ...
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1
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Booking Holdings Cost of Revenue
When looking at the income statement of Booking Holdings (https://finance.yahoo.com/quote/BKNG/financials/), we see that they had a cost of revenue (likely marketing IMO) in the years 2016 and 2017.
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How is minority interest accounted for when calculating net income
Reading around, I found that minority interest is defined as interest in a company controlled by a company other than the parent company.
Does that mean that anytime a company A becomes a shareholder ...
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2
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Income Statement number differ between websites. Where is the truth?
A couple of days ago I asked about apples depreciation numbers since they are not unambiguous and somebody pointed me out to WSJ's site.
But I am confused as of how the various numbers are generated ...
3
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1
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Is Apple's depreciation now $12.5 or $11.3 billion?
I was casually reading the 10K for 2019 for Apple where I realized that I don't get the numbers.
In the consolidated statement of cash flows (page 36) "Depreciation and amortization" for 2019 is ...
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Profit and loss statement without any sales [closed]
What would I put for the "cost of sales" in a profit and loss statement if I don't have any sales? I have purchased a lot of inventory, but as of now, I don't have any sales. Do I put 0 or a ...
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Is my HOA's balance sheet healthy?
I'm purchasing a condo and trying to evaluate if the association is financially healthy. Are there any red flags in this balance sheet or income statement? There are 200 units and utilities are ...
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Negative line items under Revenue/Gains in a P&L / Income statement
I'm new to managing a P&L and currently have a document like this...
Revenue/Gains/Top-Line
--Sales on Product 1: 10,000
--Sales on Product 2: 20,000
--Returns on Investment 1: 10,000
--Returns ...
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1
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417
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Accounting Question - Combining Vertical Analysis with Horizontal Analysis of financial statements?
Firstly I understand the concept of vertical analysis (representing line items as percentage of either total asset or revenue), and horizontal analysis (calculating the year-on-year changes or %...
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Is there any resource that provides a list of the most used/common components of the different statements (e.g. balance sheet) of an annual report? [closed]
I am looking for a resource that provides a list of a "perfect":
statement of financial position (balance sheet)
statement of earnings
statement of cash flow
containing components (e.g. for the ...