What is another word for profit-and-loss statement?

Pronunciation: [pɹˈɒfɪtandlˈɒs stˈe͡ɪtmənt] (IPA)

A profit-and-loss statement is also known as an income statement, statement of operations, or statement of earnings. These are financial documents that are used to summarize the revenue, costs, and expenses of a business over a period of time. Other synonyms for this statement may include statement of income, earnings statement, or financial performance report. It is an essential tool for business owners and investors to evaluate the financial health and growth potential of a company. By understanding the terms used to refer to a profit-and-loss statement, individuals can gain a better understanding of the business world and financial standings of companies.

Synonyms for Profit-and-loss statement:

What are the hypernyms for Profit-and-loss statement?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Profit-and-loss statement

  • The term money has two very different meanings in popular discourse. We often speak of someone "making money," when we really mean that he or she is receiving an income. We do not mean that he or she has a printing press in the basement churning out greenbacked pieces of paper. In this use, money is a synonym for income or receipts; it refers to a flow, to income or receipts per week or per year. We also speak of someone's having money in his or her pocket or in a safe-deposit box or on deposit at a bank. In that use, money refers to an asset, a component of one's total wealth. Put differently, the first use refers to an item on a profit-and-loss statement, the second to an item on a balance sheet
    Milton Friedman

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Related questions:

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