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ED UTC A Liftoff y s i c a lit n e s STE s t(P F t)FITNESSGRAM Performance StandardsNSTA201617IADEPAROFN T IO CAT EN TMR1For each test area, the FITNESSGRAM uses the Healthy Fitness Zone (HF) to evaluate
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PF T stands for Profit and Loss Statement, which is a financial report that summarizes the revenues, costs, and expenses incurred during a specific period.
Businesses, organizations, and individuals who need to report their financial performance are required to file a Profit and Loss Statement.
To fill out a Profit and Loss Statement, one must gather information on revenues, costs, and expenses, and then organize them into the appropriate categories.
The purpose of a Profit and Loss Statement is to provide insight into the financial performance of an entity, showing whether it has made a profit or a loss.
A Profit and Loss Statement must report revenues, costs of goods sold, operating expenses, taxes, and net income.
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