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
Revenue Variance Analysis is used to measure differences between actual sales and expected sales, based on sales volume metrics, sales mix| Corporate Finance Institute
Ancillary revenue is income a company generates from selling goods and services that are not a primary revenue stream or core business| Corporate Finance Institute
Customers play a significant role in any business. By better understanding the different types of customers, businesses can be better equipped to develop| Corporate Finance Institute
Inventory is a current asset account consisting of all raw materials, work-in-progress, and finished goods that a company has accumulated.| Corporate Finance Institute
Anti-Money laundering (AML) is a set of policies, procedures, and technologies that prevents money laundering and monitor potential fraudulent activity.| 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
Net Profit Margin is a financial ratio used to calculate the percentage of profit a company produces from its total revenue.| Corporate Finance Institute
We discuss the different methods of projecting income statement line items. Projecting income statement line items begins with sales revenue, then cost| 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
Earnings before tax, or pre-tax income, is the last subtotal found in the income statement before the net income line item. EBT is found| Corporate Finance Institute
The three financial statements are the income statement, the balance sheet, and the statement of cash flows. See them explained in detail.| 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
Sensitivity Analysis is a tool used in financial modeling to analyze how the different values for a set of independent variables affect a dependent variable| 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
SG&A includes all non-production expenses incurred by a company in any given period. It includes expenses such as rent, advertising, marketing| Corporate Finance Institute