Course 301: The Income Statement
The Bottom Line
In this course
1 Introduction
2 Revenue
3 Expenses
4 Important Income Statement Calculations
5 Accrual Accounting
6 The Bottom Line

With this lesson, we've laid the foundation for how to interpret the numbers on an income statement to assess a company's performance and profitability. There is a lot of information in this lesson, so do not be afraid to read it more than once in order to absorb all the concepts. With the ability to analyze an income statement, you should get some sense as to how profitable a company actually is, a key consideration in deciding whether or not to become an owner in that company.

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