Income Statement

The income statement is a function of the general ledger system providing a profit and loss statement summarizing the revenues (money in) and expenses (money out) from a company during a defined period of time. It indicates generally if the company was profitable and their relative impact on the bottom line (overall financial health) of…

SEMA Specialty Equipment Market Association

SEMA Specialty Equipment Market Association

Summary A love for cars, trucks and SUVs is the motivating force behind the Specialty Equipment Market Association (SEMA) serves the needs of manufacturers, distributors, retailers, publishing companies, auto restorers, street-rod builders, restylers, car clubs, race teams and others involved in the automotive aftermarket.   History SEMA was originally formed in 1963 by a small…