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As You Are Sitting in a Restaurant,you Are Observing the Other

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As you are sitting in a restaurant,you are observing the other people sitting around you.Although you CANNOT hear them,you can tell that the couple in the corner are having an argument.What information might give you that information?


Definitions:

Common Size Income Statement

A financial statement in which all items are expressed as a percentage of total sales, facilitating ratio analysis and comparison.

Operating Expenses

Costs associated with the day-to-day operations of a business, such as rent, utilities, and payroll.

Net Income

Company's overall earnings post the subtraction of taxes and operational costs from its total revenue.

Trend Income Statement

An income statement that shows several years of financial data in a horizontal format, making it easier to identify trends and patterns.

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