Your Friend Is Confused About the Terms Impression and Circulation

question 94

Essay

Your friend is confused about the terms impression and circulation.What would you say to help him understand the difference in these concepts?

---

Definitions:

Discontinued Operations

Parts of a company's core business or product lines that have been disposed of or shut down, no longer contributing to ongoing financial results.

Income Statement

A financial document outlining a company's revenues, expenses, and profits over a specified period.

Net Of Taxes

The amount remaining after all tax obligations have been deducted from the gross amount.

Multiple-Step Income Statements

A detailed financial report that separates operating revenues and expenses from non-operating ones to calculate net income.