Net Income is a key line item, not only in the income statement, but in all three core financial statements. While it is arrived at through| Corporate Finance Institute
A progressive tax is a tax rate that increases as the taxable value goes up. It is usually segmented into tax brackets that progress to| Corporate Finance Institute
Monetary assets carry a fixed value in terms of currency units (e.g., dollars, euros, yen). They are stated as a fixed value in dollar terms.| Corporate Finance Institute
A debt schedule lays out all of the debt a business has in a schedule based on its maturity and interest rate. In financial modeling, interest expense flows| Corporate Finance Institute
The balance sheet is one of the three fundamental financial statements. The financial statements are key to both financial modeling and accounting.| Corporate Finance Institute
SEC filings are financial statements, periodic reports, and other formal documents that public companies, broker-dealers, and insiders are required to submit| Corporate Finance Institute
The Retained Earnings formula represents all accumulated net income netted by all dividends paid to shareholders. Retained Earnings are part| Corporate Finance Institute
Public companies are obligated by law to ensure that their financial statements are audited by a registered CPA. The purpose of the| Corporate Finance Institute
Net Working Capital (NWC) is the difference between a company's current assets (net of cash) and current liabilities (net of debt) on its balance sheet.| Corporate Finance Institute
Discover what dividends are, how they work, and their impact on valuation. Learn about different types of dividends and explore real-world examples.| Corporate Finance Institute
Gross means the total or whole amount of something, whereas net means what remains from the whole after certain deductions are made. This guide will compare gross vs net| Corporate Finance Institute
Interest expense arises out of a company that finances through debt or capital leases. Interest is found in the income statement, but can also| 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
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
Financial Accounting Theory explains the why behind accounting - the reasons why transactions are reported in certain ways. This guide will| 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