What is a profit and loss statement?

Answer Whether you're starting a new business, or have been head of your company for a while, you should be aware of how much money is coming into the business--and how much is going out. The best way to ... Read More »

Top Q&A For: What is a profit and loss statement

How to Calculate Gross Profit for Loss of Profit Insurance?

Many businesses purchase loss-of-profit insurance, also called “business interruption” insurance, to cover a loss of ability to operate due to circumstances outside of the business’s control,... Read More »

What is a financial statement for non-profit organizations?

Nonprofit organizations disclose their financial results much like for-profits do. They issue annual reports and required financial statements, and may also report other fiscal details.Annual Repor... Read More »

How to Find a Financial Statement for a Non-Profit?

While many for-profit companies have their financial statements readily available, non-profit financial statements can be more difficult to find. Read a financial statement to let you know how the ... Read More »

How to Write a Mission Statement for a Profit Marketing Organization?

A mission statement must reflect the overall objectives of a company while still including specific goals. Because of this, it should be updated periodically to reflect new goals and values. A for-... Read More »