The 12-Month Profit and Loss Projection Worksheet is used by companies to project profits and losses for up to 12 months in the future.

1. Find the percentage profit if the trainers are sold for £50 each. 2. Find the percentage loss if the trainers are sold for £35 each. 1. Total cost of trainers: 20 × £40 = £800. Total ...

Shutterstock A company’s statement of income is often called its profit and loss (P&L) statement. It lists revenues, expenses, and net profit for the period covered. There are typically ...