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incomegurus (November 30, 1999 at 12:00 am)
As a successful business owner with several streams of income, I can appreciate your insight and expertise. Very valuable. Thank you for creating this video.Iva
777jboss777 (November 30, 1999 at 12:00 am)
well,,you can use ur accounting knowledge to finance ur tuition to university..:)good luck 4 the future man
landmaid (November 30, 1999 at 12:00 am)
Thanks so much. I'm glad that you provide insight information on such complex issues and make me understand those things. Very useful for me.Thank you.
salashaska223 (November 30, 1999 at 12:00 am)
currently I am 15 years old, what can I do at my age to be more of a sure shot and a BIG SHOT in the future?
wstalents (November 30, 1999 at 12:00 am)
Another Great Video
joulian0720 (November 30, 1999 at 12:00 am)
Thanks I am taking accounting and this is helping me a ton
savingandinvesting (November 30, 1999 at 12:00 am)
Largely no different than others in terms of fomat. Generically:RevenuesCOGSGross ProfitOperating ExpensesOperating Profit etc. The COGS would probably be larger given the cost of materials. I would look at a few samples via Google to get a feel.
duardie2 (November 30, 1999 at 12:00 am)
how do you present income statement on manufacturing company?
savingandinvesting (November 30, 1999 at 12:00 am)
Thanks lyslenky, the retained earnings statement is often included as part of income statment (esp. when not many share classes) and shows the change in retained earnings based on that period's income, less the dividends paid out. Many textbooks do not refer to, and often not used in analysis, and theoretically of value only in more complex companies. Will def. note for website as it develops, and definitely more videos to come. Thank You for support and comment!
lysenkiy (November 30, 1999 at 12:00 am)
A really simple as well as good explanation of financial statements. However, I'd like to add that there is the forth financial statement -- Retained Earnings Statement. Would you talk about it in your next videos if any? Thanks |
