How to Read a Profit & Loss Statement for Beginners - Like a Pro Investor 💼
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How to Read a Profit & Loss Statement for Beginners - Like a Pro Investor 💼
A Profit & Loss Statement (P&L) — also called an Income Statement — is a financial report that shows a company’s revenue, expenses, and profit over a specific period (quarter or year). It tells investors whether the company is making or losing money. 🧩 Basic Formula Net Profit (or Loss) = Total Revenue – Total Expenses 📊 Key ...
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