The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a ...

Your income statement shows you how much money you received during the year and how much money you paid out in expenses during the year. Before you get to your net profit, you need to include your ...

A company's income statement shows how much money it brought in as revenue or sales, how much it spent on expenses, and how much profit or loss -- also called net income -- was generated for a given ...

Laura Porter / Investopedia Businesses calculate earnings per share (EPS) using net income. It is often called the bottom line because it appears last on the income statement. In the UK, it's known as ...

Income statements detail revenue, expenses, and net income from top to bottom. Reading starts with revenue, deducts expenses, and ends with net income. Subtotal figures help identify missing account ...