The Smithsonian Institution, in collaboration with the University of Texas at El Paso and Second Life, have created a Smithsonian Latino Virtual Museum and accompanying multimedia e-book: DÃ­a de los Muertos: Day of the Dead.
statement of earnings noun [C]. âº ACCOUNTING, FINANCE an âofficial âdocument that is âpart of a company's âfinancial âresults and gives details of its âprofit or âloss for a particular âperiod: During the âboom âyears, âcompanies put out exaggerated âstatements of âearnings.
The Income Statement is a favorite financial statement to review because it reveals the nature of the restaurantâs success. The Income Statement shows how the restaurant performs over a period of time (i.e. a week, month or year). It takes all restaurant income and expenses into account, from prepaid expenses to expenses paid in the future. The Income Statement tells the operator if the business is making a profit. From there, some of key questions that need to be addressed.