Comprehensive Examples of Financial Statements for Public Companies
Financial statements are crucial documents that provide valuable insights into the financial performance and position of public companies. These statements are used by investors, analysts, and other stakeholders to assess the company’s profitability, solvency, and overall financial health. In this article, we will present comprehensive examples of financial statements typically published by public companies.
1. Income Statement
An income statement, also known as a profit and loss statement, provides a summary of a company’s revenues, expenses, and profits over a specific period. Below is a simplified example of an income statement for a public company:
Income Statement (Example) | Amount |
Revenue | $1,000,000 |
Cost of Goods Sold (COGS) | $400,000 |
Gross Profit | $600,000 |
Operating Expenses | $300,000 |
Net Income Before Taxes | $300,000 |
Income Taxes | $100,000 |
Net Income | $200,000 |
2. Balance Sheet
A balance sheet provides a snapshot of a company’s assets, liabilities, and shareholder equity at a specific point in time. Below is a …
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