Income Statement

By artis.23

  • Sales Revenue

    (Units x $ per Unit)

  • Cost of Goods Sold

    (Units x Number of Units Sold)

  • Gross Profit

    (Sales Revenue + Cost of Goods Sold)

  • Variable S&A Expenses

    Subtract from Gross Profit

  • Fixed S&A Expenses

    Subtract From Gross Profit as well as Variable S&A Expenses

  • Net Income

    The amount of money the company made after expenses were taken out