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The BEST BEGINNER'S Guide to the Income Statement! (Explained by Former Investment Banker)

rareliquid 31,833 3 years ago
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In this video, I go over the basics of the income statement. 🖥️Wall Street Prep🖥️ ► Use code RARELIQUID for 20% OFF on any course! ► https://gv142.isrefer.com/go/rliquid/rareliquid/ 👇Download the Excel and PDF👇 https://www.dropbox.com/sh/obdu8jrvwb03mxe/AAAtur78ryPQ27_kvzkkWdKaa?dl=0 👨‍🏫My 1:1 Banking Mentorship Program👨‍🏫 ► Our guarantee - secure a $150K+ / year investment banking offer within 180 days! ► Sign up: https://bankingaccelerator.com/ 🚀rareliquid Career Resources🚀 ► Join my investment banking community - https://skool.com/rareliquid/ ► Break into a top MBA program - https://liquidmba.com/ ► Read my blog about finance, MBA, and business - http://rareliquid.com/ 🎥Related Videos🎥 Cash Flow Statement Tutorial: https://youtu.be/xSo3IlkGipo Balance Sheet Tutorial: https://youtu.be/JYOwJhknEsQ Trading Comps Tutorial: https://youtu.be/dpKvb7D9ek4 DCF Beginner's Tutorial: https://youtu.be/nyot7FkYoqM Excel Shortcuts for Finance and Modeling: https://youtu.be/oDjhg57XH-A A Beginner's Guide to Portfolio Management: https://youtu.be/ICRB8vRX0Ls ⏱Timestamps⏱ 0:00 - Introduction 0:37 - What is the income statement? 2:22 - Wall Street Prep 3:40 - Revenue, COGS, Expenses, Profit 9:15 - Easy Excel Examples 16:35 - Concluding Thoughts ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📱Interact With Me📱 ► Instagram: https://www.instagram.com/rareliquid ► Twitter: https://twitter.com/rareliquid ► TikTok: https://www.tiktok.com/@rareliquid ► LinkedIn: https://www.linkedin.com/in/ben-chon-8b0ba34a/ ► Business Inquiries: [email protected] 🧑‍🎓Career Resources👩‍🎓 ► Buy my resume and cover letter: https://rareliquidcareers.com/ ► Books I recommend: https://amzn.to/3gy28xv ► My filming equipment: https://a.co/cf97WjW 🔎Disclaimer🔎 All content in this video is for entertainment purposes only. I am not a professional financial advisor and my statements are not to be taken as instructions or directions. In addition, some of the links above are affiliate links, meaning that at no additional cost to you, I may earn a commission if you click through and make a purchase. #accounting #incomestatement #financialstatements

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