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How to Read a P&L Statement: Profit and Loss Tutorial

Learn the basics in reviewing and basic components of a profit and loss statement or P&L. We go over the definitions of the various main pieces, samples, why you would review this and how to use horizontal and vertical analysis to start digging into the figures. https://xecutethevision.com/toolbox-f... Revenue COGS = Gross Profit/(loss) Overhead expenses = Operating Profit/(loss) -Interest expense -Tax expense = Net Profit/(loss) Comment if you have interesting findings from the sample P&Ls or additional tips or thoughts on reviewing P&L statements! References recommended to learn more about P&L statements. https://corporatefinanceinstitute.com... https://www.businessnewsdaily.com/235... https://www.investopedia.com/terms/s/... https://www.investopedia.com/terms/c/... https://www.investopedia.com/ask/answ... https://www.paychex.com/articles/fina... https://www.investopedia.com/ask/answ... Business inquiries: [email protected] #Business #Profit #Finance #xecutethevision

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