Income Statement of Boeing Co. (NYSE.BA)

Week 4 Report: Income Statement of Boeing Co. (NYSE.BA)
Student’s Name
Institutional Affiliation
Date
Week 4 Report: Income Statement of Boeing Co. (NYSE.BA)
* The income statement espouses data on the financial results of a company’s business activities over a period of time, especially one year. 
* It communicates how much revenue the company generated during a specified period and what costs were incurred in relation to revenue generation.
* Thus, the company’s core financial statements show profit and loss over a period of time. 
* The profit or loss reflects the difference between the summation of all revenues and all expenses incurred in operating and non-operating activities.
* The statement shows an organizational ’s revenue, costs, gross profit, and administrative expenditures, other expenses and income, taxes paid, and net profit, as presented in an organized approach.
* The significant components of the income statement include revenue or sales, cost of goods sold, gross profit, marketing and adverting costs, general and administrative expenditures, EBITDA (Earnings before Interest, Tax, Depreciation, and Amortization, Depreciation and amortization, Operating Income, interests, other expenses, taxes. This section will discuss the following in the context of Boeing Co. (NYSE.BA)
* Revenue (Sales)
Sales revenue is revenue generated from sales or services. It is displayed at the top of the statement. However, the value represents the gross of the costs linked to the development of the goods sold or providing services. The revenue sales of Boeing Co. (NYSE.BA) in 2018,2019 and 2020 were 101127,76559, and 58158 U...