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0:50
YouTube
DevM2od
Reading Financial Statements: The Income Statement Demystified
Confused by income statements? In just 60 seconds, we demystify the income statement to help you understand if a company is truly profitable! Learn how to identify the top line revenue, calculate gross profit by subtracting the cost of goods sold, and discover operating income by factoring in expenses like salaries and marketing. Finally, see ...
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