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The iris is a plant with long, sword-like leaves. Its flowers have six petals that form a tongue and "flags." When you cut through the stem to cut flowers for a bouquet arrangement, the many vascular bundles form tough "strings" throughout the stem. From this description, it is obvious that the iris is a
Total Assets
The sum of all assets owned by a company, including both current (short-term) and non-current (long-term) assets, representing the total resources at its disposal.
Income Statement
A document detailing a firm's incomes and expenditures within a certain timeframe, ultimately revealing the net profit or deficit for that interval.
Revenues
The aggregate sum of funds a business accrues from selling goods or delivering services in a given timeframe.
Expenses
Costs incurred by a business in the process of earning revenue, often classified as operating or non-operating expenses.
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