The net income depicts the business ... costs of goods on an operating statement because it provides a measure of gross profit margin when compared with sales, an important yardstick for measuring ...

Financial statements include the balance sheet, income statement, statement of changes in net worth and statement ... components of the income statement: Sales. This is the gross revenue generated ...

The key information shown on an income statement includes information about revenue, cost of sales, and any other expenses, along with gross and net profit.