This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. In financial accounting — one of the most common types ...

The total dollar value of the goods and services your business sells only tells one side of its financial story. The more you spend on business expenses such as materials and payroll, the less you ...

Learn how to read an income statement! This beginner's guide breaks down revenue, cost of revenue, gross profit, operating ...

A manufacturing company makes physical products from parts and materials. The income statement is one of the most important financial statements this type of firm prepares. This statement comes in ...

Income statements detail revenue, expenses, and net income from top to bottom. Reading starts with revenue, deducts expenses, and ends with net income. Subtotal figures help identify missing account ...

Find a company's periodic interest rate by dividing interest expense by total debt and multiplying by 100. To annualize a quarterly rate, multiply the periodic interest rate by four. Use income ...

Investment income is money derived from interest payments, dividends, or capital gains realized on the sale of stock or other assets.

Operating income measures a company’s efficiency and performance and is the profit after operating expenses have been subtracted from gross profit. Before delving further into operating income, it’s ...