What is net income ? 251+113 =  364 ??? İs true or not

Q: Net income equal to revenues minus?

A: Once taxes and other tax withholding have been taken out of your paycheck, net income is the amount…

Q: Compare and contrast Measuring GDP using the Income Approach vs Measuring GDP using the Expenditure…

A: Gross Domestic Product is defined as the final value of the goods as well as services that used to…

Q: Discuss the nature of income and revenue. When can revenue be recognised?

A: Nature of income and revenue and recognition of revenue is discussed hereunder : Income is the…

Q: difference between Gross Earnings and Net Earnings

A: Gross earnings and Net earnings are two terms used in financial accounting while computation of the…

Q: What does comprehensive income provides?

A: Net income: The bottom line of income statement which is the result of excess of earnings from…

Q: Briefly explain the difference between gross profit, net profit and EBIT.

A: Gross Profit is computed by deducting Cost of goods sold from Sales. Gross profit is the profit a…

Q: I thought for an Income Statement you only need serivce revenue, subract expenses and then you get a…

A: Income statement - It is a type of financial statement which displays the Revenue and Expenses…

Q: Should unrealized gains and losses be shown as net income or comprehensive income? Defend your…

A: Unrealized gains and losses refer to changes in the value of assets or liabilities that have not…

Q: What is Jasimes adjusted grosss income?

A: Adjusted gross income: Adjusted Gross Income is the difference between the gross income minus…

Q: Deductions from gross income are subtracted from gross income to derive taxable net income. TRUE OR…

A: Gross income is the aggregate total income that is received by a taxpayer that is not tax-exempt…

Q: What is the meaning of economic value added (EVA)? What does it measure? Why is it important?

A: Economic value added ("EVA") measures a company's financial performance based on the excess wealth…

Q: What is pass-through income

A: Pass-through income is  the profits earned by a business that are distributed to owners and…

Q: hohw do you make an income statement

A: Income statement: The financial statement which reports revenues and expenses from business…

Q: Taxable income is ????????????????? why not gross income less deductions????

A: Taxable Income is income on which tax is payable by the taxpayer. It can be calculated as follow…

Q: explain the owner equity ratio if owner equity ratio less than 0.5 it's good or bad

A: The equity ratio is a ratio indicating the relative proportion of equity in total assets of the…

Q: What does the gross profit percentage measure, and how is it calculated?

A: Gross margin percentage: The percentage of gross profit generated by every dollar of net sales is…

Q: Why is the net income .90

A: Lets understand the basics. Cashflow statement are divided into three type of activities which are,…

Q: hat is the current market view on AUD/USD? (Will it appreciate and which depreciate? and why

A: The exchange rate depends on the interest rate in the market and inflation in the market and goes up…

Q: how to interpret the historical data of €/$ and form a view regarding current and future market…

A: In a broad sense, historical data is information gathered about previous events and situations…

Q: EBITD is equivalent to profits after taxes. true or false?

A: EBITDA is the earnings before interest tax depreciation and amortization.

Q: I nee the statement COGM, COGS and income statement

A: Income statement (IS) refers to the statement which states the income as well as loss which is…

Q: What do you understand the vertical and horizontal income statement account and balance sheet…

A: The financial statement contains both income statement and balance that are very useful for users'…

Q: How did you come up the number for Income before income tax, why did you subtract the quipment cost.

A: Income before tax=Tax expenseTax rate-Depreciation expense

Q: What is net income? Give three examples?

A: Net income is the calculation of the remaining amount with an organization after deducting taxes,…

Q: Define net income and explain its computation.

A: Net income is the amount of income which is left over revenue after all the expenses have been…

Q: Net income may be based on estimates.   true or False

A: Net income: Net income is the revenue of the company after deducting all the expenses and taxes. It…

Q: What is the difference between active income, passive income and portfolio income? Provides examples…

A: Active Income Income earned while providing a service is referred to as active income. Examples of…

Q: When are debits increases? When are debits decreases?

A: Debits Increases and Decreases: This forms a fundamental part of understanding of the flow of…

Q: How to compute the amount of net income or net loss

A: Net Income or net loss is computed by preparing the income statement.The first step in computing the…

Q: Describe the components of the profit equation.

A: Profit refers to the earnings of an entity over a specific period of time.

Q: A net present worth equation is used to solve for a ROR by setting the net present worth equation…

A: ROR or rate of return of project also known as internal rate of return of project is the interest…

Q: Net income is used in calculating one's net worth. TRUE FALSE

A: Net worth provides an insight of an entity or an individual's incumbent financial position.

Q: How does accounting rate of return (ARR) differ from the internal rate ofreturn (IRR)?

A: Introduction: Capital budgeting is an investment criterion or decision making mechanism for…