Examlex
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Continuing Operations
The segments or activities of a business expected to continue for the foreseeable future, excluding any discontinued operations from financial analysis.
Discontinued Operations
Components of a business that have been sold or terminated, which are reported separately in the financial statements.
Discontinued Operation
A segment of a company's business that has been sold, ceased to operate, or is scheduled for termination.
Statement of Income
The statement of income, also known as an income statement or profit and loss statement, is a financial document that outlines a company's revenues, expenses, and net income over a specific period, demonstrating the company's financial performance.
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