![]() |
|
Financial Terms | |
P&L (P and L) |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: inventory control, financial advisor, accounting, investment, money, tax advisor, stock trading, business, |
Definition of P&L (P and L)P&L (P and L)Profit and loss statement for a trader.
Related Terms:After-tax profit marginThe ratio of net income to net sales. Base probability of lossThe probability of not achieving a portfolio expected return. Before-tax profit marginThe ratio of net income before taxes to net sales. Book profitThe cumulative book income plus any gain or loss on disposition of the assets on termination of the SAT. Capital lossThe difference between the net cost of a security and the net sale price, if that security is sold at a loss. capital lossThe negative difference between the adjusted cost base of an investment held as a capital property and the proceeds of disposition you receive when you sell it. When you sell such an investment for less than you paid, you incur a capital loss. cash flow from operating activities, or cash flow from profitThis equals the cash inflow from sales during the period minus the cash ![]() CASH-FLOW STATEMENTA statement that shows where a company’s cash came from and where it went for a period of time, such as a year. Cash Flow statementA financial report that shows the movement in cash for a business during an accounting period. common-size income statementIncome statement that presents items as a percentage of revenues. continuous lossany reduction in units that occurs uniformly Controllable profitThe Profit made by a division after deducting only those expenses that can be controlled by the Convention statementAn annual statement filed by a life insurance company in each state where it does Cost–volume–profit analysis (CVP)A method for understanding the relationship between revenue, cost and sales volume. cost-volume-profit (CVP)analysis a procedure that examines Credit LossA loan receivable that has proven uncollectible and is written off. ![]() discrete lossa reduction in units that occurs at a specific External Financial StatementsCorporate financial statements that have been reported on by an external independent accountant. Extraordinary Gain or LossGains and losses that are judged to be both unusual and nonrecurring. extraordinary gains and lossesNo pun intended, but these types of gains financial reports and statementsFinancial means having to do with Financial reports or statementsThe Profit and loss account, Balance Sheet and Cash Flow statement of a business. Floor traderA member who generally trades only for his own account, for an account controlled by him or gross margin, or gross profitThis first-line measure of Profit GROSS PROFITThe Profit a company makes before expenses and taxes are taken away. Gross profitThe difference between the price at which goods or services are sold and the cost of sales. Gross profitThe result of subtracting cost of goods sold from sales. Synonymous with gross margin. Gross ProfitRevenue less cost of goods sold. Gross profit marginGross Profit divided by sales, which is equal to each sales dollar left over after paying Gross Profit MarginGross Profit divided by revenue. Impairment LossA special, nonrecurring charge taken to write down an asset with an overstated INCOME STATEMENTAn accounting statement that summarizes information about a company in the following format: Income StatementOne of the basic financial statements; it lists the revenue and expense accounts of the company. income statementFinancial statement that summarizes sales revenue Income statementA financial report that summarizes a company’s revenue, cost of income statementFinancial statement that shows the revenues, expenses, and net income of a firm over a period of time. Income statement (statement of operations)A statement showing the revenues, expenses, and income (the Income StatementsA financial statement that displays a breakdown of total sales and total expenses. Job Loss Insurance (Credit Insurance)Coverage that can pay down your debt should you become involuntarily unemployed. The payment is made to your creditors to reduce your debt owing. lossan expired cost that was unintentionally incurred; a cost LossAn excess of expenses over revenues, either for a single business transaction or in Loss carrybackThe offsetting of a current year loss against the reported taxable Loss carryforwardThe offsetting of a current year loss against the reported taxable mission statementa written expression of organizational purpose that describes how the organization uniquely meets its targeted customers’ needs with its products or services Net operating losseslosses that a firm can take advantage of to reduce taxes. Net profitSee operating Profit. Net profit marginNet income divided by sales; the amount of each sales dollar left over after all expenses normal lossan expected decline in units during the production process Notes to the financial statementsA detailed set of notes immediately following the financial statements in Official statementA statement published by an issuer of a new municipal security describing itself and the issue Operating profitThe Profit made by the business for an accounting period, equal to gross Profit less selling, finance, administration etc. expenses, but before deducting interest or taxation. operating profitSee earnings before interest and income tax (EBIT). Operating profit marginThe ratio of operating margin to net sales. Paper gain (loss)Unrealized capital gain (loss) on securities held in portfolio, based on a comparison of phantom profita temporary absorption costing Profit caused Pro forma financial statementsFinancial statements as adjusted to reflect a projected or planned transaction. Pro forma statementA financial statement showing the forecast or projected operating results and balance PROFITWhat’s left over after you subtract the cost of goods sold and all your expenses from sales. ProfitThe difference between income and expenses. profitThe general term Profit is not precisely defined; it may refer to net Profit and Loss accountA financial statement measuring the Profit or loss of a business – income less expenses – for an accounting period. profit and loss statement (P&L statement)This is an alternative moniker Profit before interest and taxes (PBIT)See EBIT. profit centera responsibility center in which managers are responsible for generating revenues and planning and controlling all expenses Profit centerAn entity within a corporation against which both revenues and costs are Profit centreA division or unit of an organization that is responsible for achieving Profit targets. Profit marginIndicator of Profitability. The ratio of earnings available to stockholders to net sales. profit marginthe ratio of income to sales Profit Margin RatioA measure of how much Profit is earned on each dollar of sales. It profit moduleThis concept refers to a separate source of revenue and profit ratiosRatios based on sales revenue for a period. A measure of profit sharingan incentive payment to employees that is Profit Sharing PlanA retirement plan generally funded by a percentage of company profit-volume grapha visual representation of the amount Profitability indexThe present value of the future cash flows divided by the initial investment. Also called Profitability indexSee cash value added. Profitability IndexA method for determining the Profitability of an investment. It is profitability indexRatio of net present value to initial investment. profitability index (Pl)a ratio that compares the present value of net cash flows to the present value of the net investment Profitability ratiosRatios that focus on the Profitability of the firm. Profit margins measure performance pseudo microprofit centera center for which a surrogate real microprofit centera center whose output has a market value Realized Gains and LossesIncreases or decreases in the fair value of an asset or a liability that Registered traderA member of the exchange who executes frequent trades for his or her own account. Registration statementA legal document that is filed with the SEC to register securities for public offering. ReinstatementThis is the restoration of a lapsed life insurance policy. The life insurance company will require evidence of continuing good health and the payment of all past due premiums plus interest. Residual lossesLost wealth of the shareholders due to divergent behavior of the managers. Restatement of Prior-Year Financial StatementsA recasting of prior-year financial statements to remove the effects of an error or other adjustment and report them on a new basis. Retained profitsThe amount of Profit after deducting interest, taxation and dividends that is retained by the business. Risk-adjusted profitabilityA probability used to determine a "sure" expected value (sometimes called a Statement billingBilling method in which the sales for a period such as a month (for which a customer also Statement of cash flowsA financial statement showing a firm's cash receipts and cash payments during a Statement of Cash FlowsOne of the basic financial statements; it lists the cash inflows and cash outflows of the company, grouped into the categories of operating activities, financing activities, and investing activities. The statement of Cash Flows is prepared for a specified period of time. statement of cash flowsOne of the three primary financial statements Statement of cash flowsPart of the financial statements; it summarizes an entity’s cash statement of cash flowsFinancial statement that shows the firm’s cash receipts and cash payments over a period of time. Statement-of-cash-flows methodA method of cash budgeting that is organized along the lines of the statement of cash flows. Statement of Financial Accounting Standards No. 52This is the currency translation standard currently Statement of Financial Accounting Standards No. 8This is a currency translation standard previously in Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |