P&L 101: Top Line, Bottom Line, What Does it All Mean?

What is P&L? As a business owner or financial manager, the performance of your company and financial health typically relies on 2 important financial statements: Profit and Loss or P&L Statement and Balance Sheet. Therefore, this month we will blog about both statements to give you the 101 on each one. The P&L is based on a simple mathematical calculation: [...]