This statement is also called a profit and loss $($or P&L$)$ statement since it reports whether the business earned a profit or a loss during the period reported.

This statement describes the changes that have occurred in the equity account that reports the total value of net income earned by the firm but not paid out as dividends.

This value is the amount of earnings generated by the firm during an accounting period per each outstanding share of a company's common stock.

This statement categorizes and reports the financial activities and transactions that led to a change in the firm's cash holdings over an interval of time $($accounting period$).$

This document, which is required by the Securities and Exchange Commission $($SEC$),$ usually includes $($among other things$)$ a general description of the industry in which the firm is involved and management's discussion and analysis of the firm's financial condition and results for the past two years.