A profit and loss statement summarizes a business’s revenue and expenses. Learn how to use a profit and loss statement to understand your business better.

The ABS function is a simple yet powerful tool in Microsoft Excel for handling data analysis tasks where the direction of the values is irrelevant, and only the magnitude matters. Understand the ...

The profit-and-loss statement example from ATBS that follows includes valuable operating information -- percentage of revenue calculations for expenses, for instance.