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.
Also known as an operating statement, an earnings report, or a profit and loss statement (P&L), an income statement starts with revenues and then subtracts costs and expenses (such as cost of goods, depreciation, amortization, and taxes) to calculate net income. The resulting number is often referred to as the bottom line..