Welcome back to the WSS video series!
ALSO READ: Issuing Shares: Understanding The Basics
Where we will give you the quick and dirty on financial terms and jargon that will have you sounding like an expert in no time.
Today we will cover…
The Income Statement
The income statement tells the story of the business. Performance is measured by how much money the company earned compared to how much it spent. In mathematical terms: revenues – expenses = net income.
If you want to learn more about income statements and how they will help you become a better investor, try the WSS course: Evaluating a Business