potatoking0504
potatoking0504 potatoking0504
  • 22-06-2020
  • Business
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What is the main thing you can leam from an income statement?​

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clintonanthony
clintonanthony clintonanthony
  • 22-06-2020

Explanation: Research analysts use the income statement to compare year-on-year and quarter-on-quarter performance. One can infer whether a company's efforts in reducing the cost of sales helped it improve profits over time, or whether the management managed to keep a tab on operating expenses without compromising on profitability.

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