How many types of Profit and Loss?
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8 Types
8 Types of P&L (Profit & Loss) / Income Statements.
Step-by-step explanation:
The three major types of profit are gross profit, operating profit, and net profit--all of which can be found on the income statement. Each profit type gives analysts more information about a company's performance, especially when it's compared to other competitors and time periods.
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- 1. ᴅɪʀᴇᴄᴛ ғᴏʀᴍᴜʟᴀ ʙᴀsᴇᴅ ᴘʀᴏғɪᴛ ᴀɴᴅ ʟᴏss ᴘᴇʀᴄᴇɴᴛᴀɢᴇs
- 2. ᴘʀᴏғɪᴛ ᴀɴᴅ ʟᴏss ᴡʜᴇɴ sᴇʟʟɪɴɢ ᴅɪғғᴇʀᴇɴᴛ ᴠᴀʀɪᴇᴛɪᴇs ᴏғ sᴀᴍᴇ ɪᴛᴇᴍ
- 3.sᴀᴍᴇ sᴇʟʟɪɴɢ ᴘʀɪᴄᴇ, ᴇǫᴜᴀʟ ᴘʀᴏғɪᴛ ᴀɴᴅ ʟᴏss ᴘᴇʀᴄᴇɴᴛᴀɢᴇs
- 4. ᴘʀᴏғɪᴛ ᴡʜᴇɴ sᴇʟʟᴇʀ ɪs ɴᴏᴛ ʜᴏɴᴇsᴛ ᴀɴᴅ ᴜsᴇs ғᴀʟsᴇ ᴡᴇɪɢʜɪɴɢ sᴛᴏɴᴇ ᴏʀ sᴄᴀʟᴇ
- 5.ᴍᴜʟᴛɪᴘʟᴇ ᴛʀᴀɴsᴀᴄᴛɪᴏɴs ʙᴀsᴇᴅ ᴘʀᴏғɪᴛ ᴀɴᴅ ʟᴏss ᴘʀᴏʙʟᴇᴍs
- 6. ᴘʀᴏғɪᴛ ᴀɴᴅ ʟᴏss ᴘʀᴏʙʟᴇᴍs ᴡɪᴛʜ ʀᴀᴛɪᴏ ᴄᴀʟᴄᴜʟᴀᴛɪᴏɴs
ғᴏʀ ᴍᴏʀᴇ ɪɴғᴏ ᴀʙᴏᴜᴛ ᴛʜᴇsᴇ ᴛᴏᴘɪᴄs ᴜ ᴄᴀɴ ɢᴏᴏɢʟᴇ ᴛʜᴇ, ᴀʙᴏᴠᴇ ᴛᴏᴘɪᴄs ᴡʀɪᴛᴛᴇɴ
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