These expenses are not initially recorded on a company’s income statement for the period when the money changes hands. Instead, prepaid expenses are first recorded on the balance sheet as an asset.

statement. It lists revenues, expenses, and net profit for the period covered. There are typically quarterly and annual P&Ls, but some companies might publish monthly P&Ls. Public companies ...

Positive cash flow allows businesses to cover expenses, plan growth initiatives and reward long-term shareholders. Cash flow statements give investors an assessment of how companies utilize ...

interest expense is generally the primary financing expense on a company's income statement. Here we look at interest expense in the context of evaluating a company's profitability, as well as its ...