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View Full Version : Net income from a balance sheet?


Veresa
May 8, 2012, 06:51 PM
I need to calculate net income but all I have is the companies balance sheet. What parts do I add together to get revenues?

paraclete
May 8, 2012, 09:48 PM
I need to calculate net income but all I have is the companies balance sheet. What parts do I add together to get revenues?

If you look at the Equity section of the Balance Sheet you should see a line item dealing with current year income otherwise I expect there would be a note dealing with movements in this item