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The P&L, Balance sheet, and Cash flow statements are three interrelated parts. The P&L feeds net income on the l...
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The Profit & Loss statement gives an idea about the profitability of a business. We subtract revenues from different...
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The cash flow statement shows how a company generated and spent cash throughout a given timeframe. An important truth th...
If the P&L statement shows how profitable a company was over a given timeframe, we can say that the Balance...
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