Equity is the ownership interest of the business enterprise. Book value of equity is the total value of the ownership of a firm, according to accounting principles. Treasury stock is the accounting value of shares of the firm's own stock bought by the firm. Retained earnings represent the accumulation of prior periods' earnings, less any prior periods' dividends. Sales or revenues represent the amount of goods or services sold, in terms of price paid by customers.
Gross profit is sales less cost of goods sold.
Earnings available to common shareholders is net income less preferred stock dividends. The statement of cash flows is the summary of a firm's cash flows, summarized by operations, investment activities, and financing activities. Other information Notes contain additional information, supplementing or explaining financial statement data. Generally, EPS is calculated as net income, divided by the number of shares outstanding.