An income statement tracks income and expenses for a small business. Most small businesses use cash accounting systems, so Excel is a great program to track your income and expenses. The cash basis ...

An income statement is typically prepared at the end of the year or the beginning of a new year when all financial information has been wrapped up and reported, but you can create one at any time ...

Identify total dividends from the income statement under "Retained Earnings." Divide total dividends by the number of outstanding shares. Use DPS to assess company's profitability and potential ...