Argo Financial Statement

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5. Content of financial statement 1. Main source of revenue According to the income statement, it is obviously that Argo Corporation earns the total revenue of $229,835,000 from 2017 year, which is less $647,000 than $223,686,000 from 2016 year. In additional, net gains on trading investment is also lower $6328,000 than 2016 year. Besides, the main revenue the company earned from two year is from dividends and distribution, which can easily be understand by the company structure that is long-term investment company and mainly focus on the investor. Although the company has fewerdividends, the interest and other revenue is higher compared with previous year; therefore, the company increases their total revenue 7.89% compared with base year.

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