Wade Phillips. Peyton Manning poked fun at Wade Phillips last week on a homemade video, congratulating him on a 39th year coaching in the NFL. But not before Manningâs brother, Cooper, butted in with an impression.
The income statement presents a summary of the revenues, gains, expenses, losses, and net income or net loss of an entity for the period. This statement is similar to a moving picture of the entity's operations during the time period specified.
The income statement is the report that measures the ____of company _____ for a given _____ of time. The income statement is the report that measures the success of company operations for a given period of time. (It is also often called the statement of income or statement of earnings.