Economy & Finance 1

1. The Income Statement Lecture 1 This lecture is part of Chapter 1: The Basic Financial Statements 2. Today’s Lecture Understand the elements of the Income statement Use…

Documents IB Business and Management 3.5 Final Accounts - Income Statements (Profit and Loss Accounts)

Slide 1 Slide 2 IB Business and Management 3.5 Final Accounts - Income Statements (Profit and Loss Accounts) Slide 3 Learning Outcomes Explain the purpose of an income statement…