Can an accountant do a profit and loss statement? A certified income statement requires the services of a certified public accountant. Financial statements are certified by a CPA who examines them, ...

The equation for working out gross profit: Revenue – Cost of sales = Gross profit Expenses (overheads) – these are the costs that do not change as production increases or decreases. This ...

A financial document generated monthly and/or annually that reports the earnings of a company by stating all relevant revenues (or gross income) and expenses in order to calculate net income.

When a company makes money after it pays all its costs, it is said to have made a profit. If a company does not make enough money to cover all its costs, it is said to have made a loss. A company ...

Small business owners must deal with numerous accounting reports to monitor their business’s finances and ensure its financial health. Profit and loss statements, accounts receivable aging reports and ...

A written report of the financial condition of a firm. Financial statements include the balance sheet, income statement, statement of changes in net worth and statement of cash flow. The first ...

The 12-Month Profit and Loss Projection Worksheet is used by companies to project profits and losses for up to 12 months in the future.

In business, there are several uses for preparing cash flow projections or statements. In early-stage business situations, cash flow projections are needed to determine how much money is needed to ...

Taking a look at advanced bitcoin market metrics, like SOPR, long-term holder cost basis, spent volume and long-term holder MVRV. The below is from a recent edition of the Deep Dive, Bitcoin ...

On November 10, 2021, bitcoin hit its all-time high price of $69,000, per the Bitstamp exchange rate. It is truly an incredible event that BTC was able to climb so high, increasing the asset’s total ...