
Learn how tax expense is calculated on profit before tax in an income statement, using tax rate examples, and distinguish between revenue, cost, and net profit.
Identify direct costs, or COGS, and understand how they tie to sales by tracing raw materials and direct labor to goods sold or services provided. These costs scale with sales.
Analyze income statements using five profitability margins (gross profit, EBITDA, EBIT, pre-tax, net) relative to revenue. Apply time-series and cross-section analysis to compare margins over years and against competitors.
Apply practical income statement analysis to a real case from D-mart by calculating EBITDA, EBIT, and PAT margins, and compare trends over years or with competitors to gain insights.
I am sure you will enjoy this course as a beginner.
Income Statement is at the heart of finance - as you know how important profits are for a business.
This course will help you kick start in the world of finance. This course focuses on teaching income statement in a very simple manner so that a non finance student can also learn it with ease. This course will simplify terms like EBITDA, EBIT, EBT, PAT etc. You will also be able to learn 5 profitability ratios including Gross Profit Margin, Operating Profit Margin, Net Profit Margin etc. We will not leave it to only fundamentals - but we will apply the learnings to a practical example of DMart (which is a renowned retailer in India)
Remember - you only learn by repeating things... so repeat this course whenever you get time (do it more than one time)
Finance seems to be very difficult for many. Coming from IIT background (technical), I faced really hard time learning finance. I want to put things in as simple way as possible so that you don't face hard time learning it.
Fun is very important part of learning. Fun should be integrated in learning otherwise you get bored. I have tried including examples which will excite you and will help you complete the course in one go.