From Wikipedia, the free encyclopedia. The Tasmanian Devil, also referred to as Taz, is an animated cartoon character featured in the Warner Bros.  Looney Tunes  and  Merrie Melodies  series of cartoons.wen and Pemberton suggest that the character of the Tasmanian Devil was inspired by Errol Flynn. The most noticeable resemblance between the Australian marsupial and McKimson's creation is their ravenous appetites and crazed behavior.
home / study / business / accounting / income statement or operating statement. An income statement is a core financial statement that presents a company's operating results over a specific period of time, often quarterly or annually.
Purpose of the Income Statement. The purpose of the income statement is to provide the financial earnings performance of the entity over a specific period of time. It is also referred to as a profit and loss statement or earnings statement.ncome Statement Format and Components. The Income Statement shows the revenues, expenses, and profits (or losses) of an entity over a specified period of time. In other words, it is a description of the entities profitability over a period of time (usually quarterly or annually).