A Profit & Loss Report analysis is a crucial tool for understanding the business health of a firm. By scrutinizing the income, costs, and net income over a specific duration, analysts can determine trends and trends that reveal the company's viability. A thorough examination of a Profit & Loss Statement can help businesses make informed choices re

A Profit and Loss statement, also known as a P&L, is a crucial financial report that outlines your company's revenues and expenses over a specific period. By analyzing your P&L, you can calculate your bottom line, which represents the gap between your income and costs incurred. A positive net profit indicates that your business is generating a surp