WHAT IS BOTTOMLINE AND WHAT IS TOPLINE?
Answer Posted / zoeb lobo
Top line is corporate net sales, that is, total
revenue/income generated by a business.
Bottom line is the profit/loss number, after all
expenditures/liabilities have been discounted from net
sales.
Both of these terms come from the accounting document known
as the income statement, or Profit/Loss account. Top line
is the first line of that document, and bottom line is the
last line in that document.
When companies talk about the need to increase their top
line, they are talking about the need to focus on
generatins/increasing sales. Bottom Line efforts are
usually aimed toward cost reduction to increase the margin
and therefore increase the result.
Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
What Is Non-traditional Options?
What do you know about the formula of Simple interest and Compound Interest?
What Are The Things That You Have To Keep In Concern Before Opening The Bank Accounts?
what is portfolio mgt and its scenerio in india? plz sugest me.
what is irr?
What do you know about plastic currency?
What are the advantages of 'debit card'?
What is national banking entrance exam (nbet) and who conducts it?
operations Executive
What is the Bank of England base rate/Fed funds rate as of this morning?
Explain Openpages Financial Controls Management?
what is the short cut to retrieve the last line which is removed in Tally ERP 9?
How do you feel about committing yourself to another three years of exams?
How the economic development comes?
How is cash flow statement different from a funds flow statement?