Received some good news today. Green Brooklyn Brand is now in phase two which also happens to be year two. Some great collaborations coming up. Creating our own lane without attaching ourselves to other brands. @greenbrooklynbrand
The income statement is a report of your business’s profits and losses over a specific period. It is also called a profit and loss statement (P&L). You can use the income statement to summarize monthly, quarterly, or annual operations.
There are three main financial statements used to get a clear view of your business’s financial performance:
3)Cash flow statement
Unlike the balance sheet and cash flow statement, the income statement shows you your business’s sales and net income or loss after accounting for expenses.
The death of the pound - like other fiat currencies; designed to devalue overtime as supply is increased. This illustrates the constant decrease of purchasing power. Limited supply cryptocurrencies will never experience the problem of inflation - scarcity is a key factor in all of this.