The income statement, also known as the profit and loss statement, is an important tool as it calculates the profitability or loss of a business.

An income statement measures a company's financial performance over a specified period of time. Also known as a profit and loss (P&L) statement, statement of operations, or statement of income, it ...

Dividends aren't listed on the income statement, but you may be able to calculate a rough estimate.

An income statement shows the ability of a company to generate profit while a balance statement shows a business’s assets and liabilities. Discover the importance and how to read them.