Line total意思

"Line total" is a term used in accounting and finance, particularly in the context of a company's income statement or profit and loss statement. It refers to the total amount of revenue or sales for a specific period, usually a financial year or quarter. The line total is the sum of all the revenues and gains minus all the expenses and losses that are listed on the income statement.

The income statement typically includes several lines that represent different types of income and expenses, such as:

  1. Revenues or sales
  2. Cost of goods sold (COGS)
  3. Gross profit
  4. Operating expenses
  5. Operating income (or EBIT - earnings before interest and taxes)
  6. Interest expenses
  7. Taxes
  8. Net income (or profit)

The line total is usually the last line of the income statement and represents the net income or profit for the period. It is calculated by taking the total revenue and adjusting for all expenses, losses, and taxes.

Here's a simplified example of an income statement with a line total:

Revenue: $100,000
Cost of Goods Sold: $60,000
Gross Profit: $40,000
Operating Expenses: $20,000
EBIT (Earnings Before Interest and Taxes): $20,000
Interest Expense: $5,000
Taxes: $5,000
Net Income (Line Total): $10,000

In this example, the line total is $10,000, which represents the net income for the period.