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Finance

What is income statement in Finance? Explanation with examples

Adam Smith -
An income statement is a financial statement that shows a company's revenues, expenses, and profit over a specific period of time
Finance

Complete explanation of EBITDA in Finance

eva leung -
EBITDA stands for "earnings before interest, taxes, depreciation, and amortization." In finance, it is a measure of a company's profitability
Finance

What is the definition of profitability of a company?

eva leung -
The profitability of a company refers to its ability to generate profits from its business operations

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