The net income depicts the business' revenues and debt. Depreciation reflects the decrease in value of capital assets used to generate income. It's also used as the basis for a tax deduction and ...
Cash basis accounting records when cash actually changes hands in a transaction, providing a real-time view of your financial position that reflects the actual cash flow of a business or individual.
A net figure is computed by subtracting ... accrual basis of accounting used to prepare the income statement and balance sheet back to a cash basis. This may sound redundant, but it's necessary.
Net income available to common stockholders of $9.0 million and $56.8 million for the three months and year ended December 31, 2024, ...