Profit and Loss Statement Paper

Profit and Loss Statement Paper

Introduction

Riordan Manufacturing, which is plastic making company is having network of more than 500 employees. In this paper, it will be discuss in detail about this company profit and loss statement. Profit and loss statement is made to analyze company financial performance over the years. While discussing over its profit and loss statement, it will be discussed about each of the elements of it that is what are those and what they indicate. Further, it will provide profit and loss statement analysis with comparison from previous years.

Discussion

Riordan Manufacturing is amongst Manufacturer Company of plastic making with an employment of over 500 people with annual earnings to be estimated around $60 million. Riordan Manufacturing is consider to be amongst leading corporation in producing plastic beverages and using over polymer materials, plastic fan parts, custom plastic parts, etc. Customers of Riordan surrounded with appliance manufacturers, aircrafts manufacturers, beverage makers and automotive manufacturers. The Riordan Manufacturing has long been recognized that the functions in the global plastics industry involve a lot of substantive legal and moral responsibility. These responsibilities are very often affected its focus, customer relationships, employees and the company will end. With some company in the United States and the subsequent termination of the current difficult economic environment in line, must, like Riordan manufacturing company with existing business rules and the company's existing system provided by regulations.

In respect to analyze corporation performance is required to analyze profit and loss statement. Profit and loss statement analysis includes comparison as compare to previous years. Riordan Manufacturing Profit and Loss Statement comprises of various elements. Profit and loss statement starts with trading account and takes into consideration all other expenses associated with the business. Its profit and loss statement starts with sales and direct cost ...