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In business, organizations get what they measure — which is to say that most leaders are burdened by an intense focus on profit and loss and often miss the underlying motivations of those dollars.
Net income (profit or loss) A P&L focuses only on income and expenses for a specific period. It doesn’t include your business’s assets, liabilities, or equity — those appear on your balance sheet.
The rate and balance sheet woes overshadowed an expected 4.5% gain in the firm's asset management and administration fee revenue to an estimated $1.1 billion. Its trading revenue, however, likely ...
The company paid down more than $3 billion of debt in late 2019, ending the year with $27 billion of debt on its balance sheet. In the first half of 2020, that number ballooned by 26% to $34.1 ...