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Top-down calculation: Net Operating Income less Mortgage Interest less Depreciation, Real Property less Depreciation, Capital Additions less Amortization, Points and Closing Costs plus Interest Earned = Taxable Income
Frank Gallinelli • What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures
The top line of the income statement is known as sales, or gross revenue. This represents the money a company takes in from the sales of goods and services. If the company happens to be an e-commerce business like Seamless or a marketplace like Upwork, the top line of the income statement represents the total value of all transactions otherwise
... See moreBradley Miles • #BreakIntoVC: How to Break Into Venture Capital And Think Like an Investor Whether You're a Student, Entrepreneur or Working Professional (Venture Capital Guidebook Book 1)
everything gets neatly netted out for you in the “net cash provided by operating activities” line.