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Jan 21, 2019

How To Read A Profit And Loss Statement?

A profit and loss statement is one of the three basic and most common financial statements of any business or company. This statement shows whether the company is profitable or not. It’s a statement of revenue, expenses, profits and losses over a mentioned period of time and is also referred to as income statement or statement of operations. This is prioritized by any investor or banker before investing in any company.There is often a very obvious question that is asked, i.e. ‘How to manage my investment portfolio?’ The answer to this question is provided by 2 workable agencies- the Asset Management Company and then there are the wealth management advisors.How to read a ........