Companies prepare the balance sheet and the income statement periodically at the end of each accounting cycle. While a balance sheet relates to a specific date, or a given point within an accounting ...

An income statement is your business’s bottom line: your total revenue from sales minus all of your costs. Financial data is always at the back of the business plan, but that doesn’t mean it’s any ...

Your company's financial statements are relevant to you, your investors and your lenders. The income statement shows the revenues, expenses and profits your company generates over a given period. The ...

Budgeting can help you gain more control over your financial situation and meet your goals. You don't have to start from scratch and create a budget spreadsheet manually. Premade templates make ...

You can find information about a company's debt and how much interest it pays to service its debt, but the actual interest rate it pays is generally not included in its financial statements. And while ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...

Find a company's periodic interest rate by dividing interest expense by total debt and multiplying by 100. To annualize a quarterly rate, multiply the periodic interest rate by four. Use income ...