Traditional Culture Encyclopedia - Hotel franchise - Hotel p & amp; What do I mean?

Hotel p & amp; What do I mean?

Hotel p & amp; L is income statement, also called economic income statement, called profit &; Loss statement.

Hotel p & amp; L refers to a financial statement that summarizes the income, costs and expenses generated in a specific period (usually a fiscal quarter or a year). Hotel p & amp; L can reflect the results of the company's business activities in a specific period (for example, a quarter or a fiscal year). The income statement is used to measure a company's profitability, solvency and investment value.