Lecture 3 Income Statement Review.pptVIP

第三章 损益表 损益表汇报的内容是在一个期间内，企业运做资产负债表上的经济资源为股东创造新财富的业绩。 Income Statement (损益表） Revenues (销售收入） Cost of goods sold (COGS) （产品销售成本） = Gross Profit （毛利润） Expenses （费用） = Earnings Before Tax （税前收益） Tax （所得税） = Net Income （净收益） The purpose of firm is to earn income for investors through selling goods or providing services to customers. Income statement measures how much income is earned during a specific period, such as a year, a quarter, or a month. Definitions Cash Accounting （现金收付制） Revenues: recognized at the time that cash is received Expenses: recognized at the time that cash is disbursed No