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Investments glossary

Income Statement


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Quotes of the day:

All that glitters is not gold, and things that look warm are often cold!

— Yassine Aumerally

An income statement is one of the three important financial statements used for reporting a company’s financial performance over a specific accounting period, with the other two key statements being the balance sheet and the statement of cash flows. Also known as the profit and loss statement or the statement of revenue and expense, the income statement primarily focuses on the company’s revenues and expenses during a particular period.

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