ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

BUSINESS PLAN DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Profit-and-Loss Statement
A
Compare with competitors’ products based on price, performance, attributes
B
Market share
C
Profit-and-Loss Statement
D
Financial document that shows sales revenues, expenses, and net profit or loss.
Explanation: 

Detailed explanation-1: -Profit and Loss (P&L) Statement A P&L statement, often referred to as the income statement, is a financial statement that summarizes the revenues, costs, and expenses incurred during a specific period of time, usually a fiscal year or quarter.

Detailed explanation-2: -A profit and loss statement is a financial report that shows how much your business has spent and earned over a specified time. It also shows whether you’ve made a profit or a loss over that time – hence the name. A profit and loss statement might also be called a P&L or an income statement.

There is 1 question to complete.