Income Statement Calculator
Income Statement Calculator | ||
---|---|---|
Parameter | Description | Example Value |
Revenue | The total revenue generated from sales. | $500,000 |
Cost of Goods Sold (COGS) | The total cost of goods sold. | $300,000 |
Gross Profit | The profit calculated by subtracting COGS from revenue. Formula: Revenue – COGS |
$200,000 |
Operating Expenses | The total operating expenses (e.g., rent, wages, utilities). | $100,000 |
Operating Income | The income calculated by subtracting operating expenses from gross profit. Formula: Gross Profit – Operating Expenses |
$100,000 |
Interest Expense | The total interest expense. | $10,000 |
Net Income | The final net income calculated by subtracting interest expense from operating income. Formula: Operating Income – Interest Expense |
$90,000 |