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Understand profit and loss

Understand profit and loss: Developing Business Acumen
Understand profit and loss: Developing Business Acumen

Profit and loss statements, or P&L statements, explain your business's financial performance. This video explains what a P&L is and how it's structured. This includes explanations of major items on a P&L statement, including revenues, volume, price, discounts, direct costs, gross profit, indirect costs, SG&A, operating profit (EBITDA), interest, taxes, depreciation, amortization, and net profit.

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Skill Level Beginner
1h 7m
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Skills covered in this course
Business Business Skills Communication Management

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