Traders who look for short-term gains may also prefer getting dividend payments that offer instant gains. Dividends are paid out from profits, and so reduce retained earnings for the company. The statement of retained earnings (retained earnings statement) is a financial statement that outlines the changes in retained earnings for a company over a specified … Continue reading “How to Prepare a Statement of Retained Earnings”
After all, an OEM product is the same product manufactured by the original manufacturer. Though there are cheaper versions, the price of the OEM product reflects its quality. Hardware can be easily bought off the internet, whether from a retail product manufacturer or through an OEM. However, OEM hardware is usually shipped incomplete of parts … Continue reading “OEM Meaning Everything You Should Know in China Sourcing”
Henry Ford did not like the constant stream of model-year changes because he clung to an engineer’s notions of simplicity, economies of scale, and design integrity. GM surpassed Ford’s sales in 1931 and became the dominant company in the industry thereafter. The frequent design changes also made it necessary to use a body-on-frame structure rather … Continue reading “Obsolescence Definition & Meaning”
Widespread disagreement does not, however, indicate that there is no objective fact to be known. There are many examples of widespread disagreement regarding facts that are clearly objective. For example, there was once widespread disagreement about whether the universe is expanding or in a “steady state.” That disagreement did not indicate that there is no … Continue reading “OBJECTIVITY English meaning”
The 1.5 million includes public charities, private foundations and the many other types of nonprofit organizations mentioned above. Additional organizations include chambers of commerce organizations, fraternal organizations, and civic leagues. In addition on average, over 25% of all adults volunteer annually to support a nonprofit organization of some type. There are also over 11.4 million … Continue reading “Nonprofit organizations in the U S.”
Overall, individuals and businesses can take expense deductions that reduce their taxable income. Both individuals and businesses make regular tax payments throughout the year, which should also be monitored to ensure optimal net of tax earnings. Most large assets like cars, trucks, and motorcycles require a sales tax at the time of purchase. If you … Continue reading “Net Investment Income Tax Internal Revenue Service”
Gross pay is the amount of total compensation an employee earns for working for your business, but it’s not the amount that lands in their bank account each pay period. It’s the amount they earn after payroll deductions are taken out of their gross pay. While there isn’t any one size that fits all when … Continue reading “What is net pay? Here’s how it works and how to calculate it”
A gross income amount is reported on a company’s profit-or-loss statement and is typically a standardized calculation for businesses in the same industry. Net income, or net earnings, is the bottom line on a company’s income statement. It’s calculated by subtracting expenses, interest, and taxes from total revenues. Net income can also refer to an … Continue reading “Net Income The Profit of a Business After Deducting Expenses”
Until the customer pays the company the amount owed in cash, the value of the unmet payment sits on the balance sheet as accounts receivable (A/R). Credit sales are recorded when a company has delivered a product or service to a customer (and thus has “earned” the revenue per accrual accounting standards). Your business revenues … Continue reading “How to Calculate Net Sales NET Credit Sale Formula”
