What is P&L?

Question

What is P&L?

Accepted Answer

PNL stands for Profit and Loss, a financial statement summarizing revenues, costs, and expenses over a specific period.

PNL is crucial for assessing a company's financial performance.
It includes revenues (income from sales) and expenses (costs incurred).
Example: A retail store's PNL shows sales revenue minus costs of goods sold.
Net profit or loss is calculated by subtracting total expenses from total revenues.
Businesses use PNL to make informed decisions about budgeting and forecasting.

Accepted Answer

PNL stands for Earning before interest tax depreciation and amortization.
PnL is financial data which gives you operating results of specific period of time of your business.

Professional and investors using this method to check how much money they are making from their business.

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What is P&L?

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