HOW TO READ A PROFIT AND LOSS STATEMENT [electronic resource] /

N. Ramachandran and Ram Kumar Kakani’s How to Read a Profit and Loss Statement, published by McGraw-Hill Education, is a comprehensive second edition for business students, teachers as well as professionals. In Strategic Organizational Decisions, Profit and Loss statements, or the P and L Statements, play the most significant role. Analysing the P and L statements is very important to derive right information and plan further. This edition provides witty answers to questions like why it is important to maintain P and L statements, what items does one need to consider while making one, how do investors perceive a business while analysing P and L statements among many others. Even the most complex concepts are explained in a simple language and with numerous examples for better comprehension.