Quotes & Sayings About Income Statement

His oratorical baritone was raspy and supercilious under the strain. "You say you are not interested," he told Wolfe, "in the factors of means and opportunity. The motive is palpable for all of us, but it is also palpable that Miss Duday is biased by animus. She cannot support her statement that after June thirtieth my income from the corporation would have ceased. I deny that Miss Eads intended to take any action so ill advised and irresponsible. — Rex Stout

The biggest hypocrites on gun control are those who live in upscale developments with armed security guards - and who want to keep other people from having guns to defend themselves. But what about lower-income people living in high-crime, inner city neighborhoods? Should such people be kept unarmed and helpless, so that limousine liberals can 'make a statement' by adding to the thousands of gun laws already on the books? — Thomas Sowell

Cash flows from operating activities are the cash effects
of revenue and expense transactions that are included in the income statement.
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Cash flows
from investing activities are the cash effects of purchasing and selling assets, such as land and
buildings. Cash flows from financing activities are the cash effects of the owners investing in
the company and creditors loaning money to the company and the repayment of either or both. — Williams

The American business man cannot consider his work done when he views the income balance in black at the end of an accounting period. It is necessary for him to trace the social incidence of the figures that appear in his statement and prove to the general public that his management has not only been profitable in the accounting sense but salutary in terms of popular benefits. — Colby Mitchell Chester

A firm's income statement may be, likened to a bikini-what it reveals is interesting but what it conceals is vital. — Burton G. Malkiel

Rich Dad's Financial Statement: Income Expense Asset Liability — Robert T. Kiyosaki

The Profit and Loss Statement tells you a lot about how your business is doing. It can also help you to determine ways that you can go about saving money so that you get to bring more money home! Basically, the P&L statement measures all of your income sources verses all your business expenses for any given period of time. — Darren L Johnson

Too many companies these days can't tell the difference between good profits and bad ... By now you're probably wondering how in heaven's name profit, that holy grail of the business enterprise, can ever be bad. Short of outright fraud, isn't one dollar of earnings as good as another? Certainly, accountants can't tell the difference between good and bad profits. They all look the same on an income statement. While bad profits don't show up on the books, they are easy to recognize. They're profits earned at the expense of customer relationships. — Fred Reichheld