Income Statement

Students demonstrate the proper way to prepare an income statement. They calculate a company's Gross Profit, Operating Expenses, Income from Operation before tax and Net Income, then determine the company's net income or net loss during a fiscal period.

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Concepts

Resource Details

Grade
11th - 12th
Subjects
Math
3 more...
Resource Type
Lesson Plans
Duration
45 mins
Instructional Strategy
Simulation
Usage Permissions
Fine Print