Examlex
The income statement for a manufacturing company includes:
Dividend Expense
Typically, this is a misnomer as dividends are not expensed but are distributions of earnings to shareholders from the retained earnings of a company.
Financial Statements
Reports generated by a business to showcase its financial performance, position, and cash flows, typically including the balance sheet, income statement, and statement of cash flows.
Bonus Payments
Additional remuneration given to employees as a reward for their performance, often determined at the discretion of the employer.
Selling Price
The amount of money for which an item is sold, determining the revenue generated from its sale.
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