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Reporting - profit and loss statements

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    Wendy C.
    AU
    Wendy C.

    General overview of business performance is provided by profit and loss statements

    Wendy C.
    AU
    Wendy C.

    General overview of business performance is provided by profit and loss statements

    Samuel F.
    ZA
    Samuel F.

    What is the profit and loss statement?

    Harrison A.
    AT
    Harrison A.

    The profit and loss statements guides business owners in determining profit ratios,to examine selling prices and cost,to compare wage expense from month to month and to set advertising ,purchasing and inventory budgets .

    Harrison A.
    AT
    Harrison A.

    What are the benefits gained by evaluating the report ?

    Diamond T.
    US
    Diamond T.

    What is gross margin and contribution with operating margin?

    Douglas R.
    US
    Douglas R.

    Horse people is what you use.

    Ardian R.
    flag-default-icon
    Ardian R.

    Sole traders, partnerships and small proprietary companies are not required to prepare and lodge a profit and loss statement with their annual tax return. However, they are very useful in helping you to objectively determine the financial performance of your business.

    Pride C.
    ZW
    Pride C.

    In other words, the profit and loss statement reports a company's revenues, expenses, and most of the gains and losses which occurred during the period of time specified in its heading

    Lakshmi Prasad A.
    NP
    Lakshmi Prasad A.

    What is gross margin and contribution with operating margin?

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