The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

Discover how tax liabilities are reflected in balance sheets, income, and cash flow statements. Learn about deferred tax liabilities and their financial impact.

A vertical analysis is used to show the relative sizes of the different accounts on a financial statement. For example, when a vertical analysis is done on an income statement, it will show the top ...

Learn about gross, operating, and net profit margins, how each is calculated, and how businesses and investors can use them ...

Learn how to tell if your business could be facing a cash crunch—and what to do about it ...