You may experience cash discrepancies on your income statement because an employee gave a discount without documenting it. You will show an expected payment amount for a product but will have ...

Please note, this statement is not a regulatory or tax document and should not be used for income tax preparation. Employees need to use information found in their W-2 to complete their tax returns.

Income statements, balance sheets and cash flow statements. If you're running a business, you probably have some knowledge of basic financial statements and how to use them. But do you know why ...

Identify total dividends from the income statement under "Retained Earnings." Divide total dividends by the number of outstanding shares. Use DPS to assess company's profitability and potential ...