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-   -   Net income from a balance sheet? (https://www.askmehelpdesk.com/showthread.php?t=658526)

  • May 8, 2012, 06:51 PM
    Veresa
    Net income from a balance sheet?
    I need to calculate net income but all I have is the companies balance sheet. What parts do I add together to get revenues?
  • May 8, 2012, 09:48 PM
    paraclete
    Quote:

    Originally Posted by Veresa View Post
    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

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