In this video, I'll teach you how to read an income statement from a CFO's perspective. If you are a business owner, leader making financial decisions on behalf of your company, or an up-and-comer in business, this financial statement is crucial to master. I'll walk you through components such as what revenue is, the cost of goods sold, the difference between gross and net profit, and so much more. Also, I'll show you how to analyze the income statement and compute what I call the "x-factor" to make better financial decisions on behalf of your company.
If you want to boost your financial IQ- click the link below to sign up for our new course, Fundamentals of Finance.
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How to Read an Income Statement Like a CFO
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Income StatementFinancial StatementsP&L StatementProfit and Loss StatementHow to Read an Income StatementFinancial LiteracyBusiness Financial LiteracyRevenueCost of Goods SoldGross ProfitGross MarginNet ProfitHow to Compute ProfitNet Incomeprofit and loss statementfinancial statement analysisincome statement examplefinancial statements explainedprofit and loss statement for beginnersfinancial literacy for beginners
