
How to Calculate Net Income (Formula and Examples) - Bench …
Net income, net earnings, bottom line—this important metric goes by many names. Here’s how to calculate net income and why it matters.
Understanding an Income Statement (Definition and Examples)
Our expert bookkeepers here at Bench have built an income statement template in Excel that you can use to assess the financial health of your business and turn your financial information into …
Retained Earnings: Calculation, Formula & Examples - Bench …
Discover the financial strength of your business through retained earnings. Learn to find, calculate, and leverage this key metric for long-term success.
EBITDA: What it Is and How to Calculate | Bench Accounting
Net income: your bottom line—quite literally, since it’s at the bottom of the income statement. This is the amount your business pockets after all of its operating expenses, taxes paid, and …
Bad Debt Expense: Definition and How to Calculate It - Bench …
We call this a bad debts expense. Here, we’ll go over exactly what bad debt expenses are, where to find them on your financial statements, how to calculate your bad debts, and how to record …
Owner’s Equity: What It Is and How to Calculate It - Bench …
In his first year in business, Rodney’s Restaurant Supply’s income statement shows net income of $150,000 after accounting for all revenues and business expenses
Return On Assets: What It Is and How to Calculate - Bench …
Return on assets is only calculated over a fiscal year of activity; you need at least 12 months of reporting to calculate this financial ratio. Net income is easily found at the bottom of your …
What Are Operating Expenses? (With Examples) - Bench Accounting
Take a look at your company’s income statement, and you might see a section devoted to operating expenses. Ever wondered what that means and why operating expenses are …
How to Calculate and Use Year-Over-Year (YOY) Growth - Bench …
The year-over-year growth formula is one of the single most reliable ways of tracking your long-term growth. Here's how to calculate and use it in your business.
Gross vs Net Income: How They Differ and Why They Matter
Net income is the total amount of money that your company earned in a period less all business expenses. Unlike gross income, which only deducts COGS from revenue, net income tells you …