
The profit and loss account is whether a company a profit or a loss in a given period of action. Income, which is in a period of this statement, and all direct and indirect costs of revenues. With this, the benefits for this period shows that if earnings compared with the previous year's level. Benefits, taxes will not be as gross and net profits are liabilities in which all expenses were deducted.
In summary, the ability to read financial statements is an advantage for the employer. Interpretation of financial statements is still important in the economy, as for the owner to take action before it got worse. Through the reading of the economic circumstances, employers know what to do before the situation of the company changes. Alternatively, look at the economic data also help employers to plan for the future through the use of influence on the current strengths of the company.
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