Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [income-statement]

37 questions
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Lending money to someone: how to book?

I'm trying my hand at double-entry bookkeeping for my personal finances. While I get the gist, I have trouble with the details. Please bear with me if I use the wrong terminology. I have lent some money to a family member. How should I book this? I…
Daniel A.A. Pelsmaeker
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1 answer

How do I interpret these income tax numbers for Chinese public company Dangdang Inc. (DANG)?

I'd like some help with understanding the financial statements of E Commerce China Dangdang Inc (ADR). You can see the Income Statement/Balance Sheet/Cash Flow statements on Google Finance. If you select "Annual Data" for the Income Statement, you…
BlackJack
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Understanding company income statements: What is a good profit margin that would make it worthwhile to invest?

I have been learning about how to read and understand a stock company's income statement and using those variables to determine the worth of the stock. My question is, what is a good profit margin for a company that would make it worthwhile to…
Michael
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Profit margin and gross profit percentage: missing info in income statement?

I would like to calculate the profit margin and gross profit percentage for BHP in 2017. To do that, I need to figure out: 1) Gross profit Which one is it? The revenue is 38,285, and I am supposed to take out the "cost of sold products". But there…
Merc
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3
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What's the Bermudian equivalent of USA's W-2 form or Canada's T4?

What can be used as a proof of income, for someone who was born, lives and works in Bermuda? I'm looking for the most official, widely-accepted, and least-manipulatable document.
Nat_Rea
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Can net income attributed to shareholders exceed firmwide net income?

I was looking at a publicly-traded company's annual report and I noticed that there was an instance where the income attributed to their common shareholders exceeded their actual firmwide net income of that year. To balance this out, they allocated…
elleciel
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Is Apple's depreciation now $12.5 or $11.3 billion?

I was casually reading the 10K for 2019 for Apple where I realized that I don't get the numbers. In the consolidated statement of cash flows (page 36) "Depreciation and amortization" for 2019 is stated as 12,547 billion USD. But later on page 38…
Samuel
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Is my HOA's balance sheet healthy?

I'm purchasing a condo and trying to evaluate if the association is financially healthy. Are there any red flags in this balance sheet or income statement? There are 200 units and utilities are included in the monthly assessment (around $600 - $900…
quietmint
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How can i find the income statement for the companies a company owns

For example, Facebook owns Oculus. How can I see how much money Oculus is making?
Paul Nikonowicz
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Why does BHP have zero cost of revenue in their statements?

If you look at BHP's income statement, you see that it has Cost of revenue - Why does it have zero as cost of revenue? Forescue, their competitors, tell a different story. What am I missing?
Merc
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How does writing off a bad debt affect the balance sheet?

I was reading an article about financial statements, and I came across the term "Bad Debt" which falls under the category of unusual expenses on an income statement. Some companies just write off a bad debt as an expense on the income statement. But…
wahab
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How to calculate interest payments without EBIT

is there a way to calculate interest payments without EBIT. For example if I am searching for Apple Inc. in google finance I don't have Interest Payments in the income statement, there is no EBIT either. How can I calculate it then ? Thank you.
gtsolov
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Does revenue equal gross profit for info product business?

For a small online business that has no employees or inventory and only sales info products, does revenue equal gross profits since there is no cost to make the info product?
4thSpace
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Why were numbers on these income statements recorded differently from year to year?

Below are two different income statements for Canadian Oil Sands Ltd. I am wondering how can their net income and other line items be recorded so differently across two consecutive financial statements?
Rick
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Is there any resource that provides a list of the most used/common components of the different statements (e.g. balance sheet) of an annual report?

I am looking for a resource that provides a list of a "perfect": statement of financial position (balance sheet) statement of earnings statement of cash flow containing components (e.g. for the balance sheet: cash and cash equivalents,...) that…
visionInc
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