Sales revenue is income received from sales of goods or services. In accounting, the terms “sales” and “revenue” are often used interchangeably.| Corporate Finance Institute
Gross profit is the direct profit left over after deducting the cost of goods sold, or cost of sales, from sales revenue. It's used to calculate the gross profit margin.| Corporate Finance Institute
Enroll to learn how to accurately read financial statements, understand a company’s financial strength, and make informed decisions.| Corporate Finance Institute
How are the 3 financial statements linked together? We explain how to link the 3 financial statements together for financial modeling and| Corporate Finance Institute
The Income Statement is one of a company's core financial statements that shows its profit and loss over a period of time.| Corporate Finance Institute
Understanding the right way to construct and balance a 3-statement financial model is a critical skill that is needed for many finance and accounting roles.| Corporate Finance Institute
Scott has over 25 years of eLearning experience in finance, particularly in commercial and investment banking, capital markets, and asset management.| Corporate Finance Institute
For over a decade prior to joining CFI, Jeff Schmidt taught financial modeling and valuation to thousands of students all over the world.| Corporate Finance Institute
CFI's guide covers model design and building blocks, tips, tricks, and best practices for robust, world-class financial models. Download your free copy!| Corporate Finance Institute
Cost of Goods Sold (COGS) measures the direct cost incurred in the production of any goods or services. It includes material cost, direct| Corporate Finance Institute
Explore cash equivalents, their examples, role in working capital and importance in financial modeling for accurate liquidity analysis and valuation.| Corporate Finance Institute
Explore CFI's full catalog of accounting courses and free resources aimed at beginners and finance professionals. Learn accounting online at your own pace.| Corporate Finance Institute
Master financial modeling by learning to create accurate forecasts with Excel, understand its role in business decisions, and access free CFI resources.| Corporate Finance Institute