Operating Statement (Noun)
Meaning
A financial statement that gives operating results for a specific period.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company's operating statement showed a significant increase in revenue for the quarter.
- To evaluate the company's performance, investors typically review the operating statement alongside the balance sheet.
- The operating statement revealed that the company's net income had decreased by 10% due to higher operating expenses.
- As part of the annual report, the management team provided a detailed operating statement that highlighted key financial metrics.
- By analyzing the operating statement, the analyst was able to identify areas where the company could improve its operational efficiency.