Month: December 2022

Net Financial Position Definition

Financial position is the current balances of the recorded assets liabilities and equity of an organization. As such it provides a snapshot of the financial condition of a business as of a specific date. It is calculated by subtracting a companys total liabilities from its total cash. NFP stands for Net Financial Position. Restricted represents […]

Marketing Expenses Income Statement

Operating and non-operating expenses. Create an income statement that shows revenue and expense over a period of one year with this accessible small business income statement template. An income statement also called a profit and loss statement lists a businesss revenues expenses and overall profit or loss for a specific period of time. The profit […]