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Essay

Financial Factors

Essay specific features

 

Issue:

Business

 

Written by:

Ramon W

 

Date added:

March 26, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1830

 

Was viewed:

4064 times

 

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Essay content:

By combining these elements, the income statement illustrates just how much your company makes or loses during the year by subtracting cost of goods and expenses from revenue to arrive at a net result -- which is either a profit or a loss. For a business plan, the income statement should be generated on a monthly basis during the first year, quarterly for the second, and annually for each year thereafter...
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It is formed by listing your financial projections in the following manner: 1. Income -- Includes all the income generated by the business and its sources. 2. Cost of goods -- Includes all the costs related to the sale of products in inventory. 3. Gross profit margin -- The difference between revenue and cost of goods...
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