The Annual Operating Statements: The Income Statement and Cash Flow Statement

John B. Guerard, Anureet Saxena (asx@mckinleycapital.com) and Mustafa N. Gültekin
Additional contact information
John B. Guerard: McKinley Capital Management, LLC
Anureet Saxena: McKinley Capital Mgmt, LLC
Mustafa N. Gültekin: University of North Carolina Chapel Hill

Chapter Chapter 4 in Quantitative Corporate Finance, 2022, pp 55-75 from Springer

Abstract: Abstract The balance sheet of a company and the income statement are related. The balance sheet is an accounting snapshot at a point in time. The income, profit and loss, or operating statement is a condensation of the firm’s operating experiences over a given period of time. It depicts certain changes that have occurred between the last balance sheet and the present one. The balance sheet (position statement) and the income statement may be reconciled through the retained earnings, or earned surplus, account. If this reconciliation is presented formally, it becomes the surplus statement.

Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-87269-4_4

Ordering information: This item can be ordered from
http://www.springer.com/9783030872694

DOI: 10.1007/978-3-030-87269-4_4

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla (sonal.shukla@springer.com) and Springer Nature Abstracting and Indexing (indexing@springernature.com).