I am having trouble deciding where the Income Statement ends in a business summerized income statement. Does it end after Net Income? :(
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I am having trouble deciding where the Income Statement ends in a business summerized income statement. Does it end after Net Income? :(
Yes. It all comes down to net income. There may be other things on the statement that are below the net income, such as earnings per share, but they are not part of the actual income statement -- and don't count for a horizontal analysis.
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