Basic income

One reason is that a corporation maintains a capital stock account, additional paid-in capital accounts, and a retained earnings account. “Net income or loss becomes part of retained earnings, and dividends are always paid equally to all shareholders of a particular class of stock” (Bline, Fischer, & Skekel, 2004, Chapter 7). Corporations are also able to reacquire some of its own equity interest in the form of treasury stock. Other advantages of establishing a subsidiary as a corporation are…

1. What is an operating segment? An operating segment is a management-approach-based segment. According to GAAP, an operating segment is a component of an enterprise that engages in business activities from which it may earn revenues and incur expenses, including intersegment revenues and expenses; whose operating results are regularly reviewed by the enterprise’s CODM; and for which discrete financial information is available (textbook p. 490). 2. What is a reportable segment according to…

MS Word allows users to utilize their templates for many processes that a business might use them for. If you need a calendar or a budget report, for instance, word has templates that can be used in order to create these reports. When you customize a template you can save it as a new feature and you can allow other people in your business to use this template you customized. If you want to send out a newsletter or other material, you can use MS Word’s mailing feature. Mailing list in excel can…

excellent candidate for this opportunity at Broward Health as I recently graduated from Chamberlain College of Nursing with my Bachelors degree. I have obtained my Florida licensure as a Registered Nurse and am certified with American Heart Association, Basic Life Support as well as Advanced Cardiac Life Support. The diverse community among the Broward Health systems has attracted me to begin my nursing career within this corporation. It is imperative to work as a team and collaborate amongst…

Question 1: Presentation of Financial Statements A. Income statement and Cash flow statement Accounting profit: The process of accrual accounting recognises earned revenue and incurred expenses (Deegan & Samkin, 2013). It is the difference between the revenue earned by a company and its costs. There are certain adjustments in consideration like depreciation, interest and tax. It consists of non-cash items as well. It is also called the net income of the company. It considers both cash…

Income-tax notices and how to avoid them It is not uncommon to be served with income tax notices because many people may not be aware of what they are supposed to do. Most tax notices alert the recipients about the issue that needs to be addressed or corrected immediately. Whatever reason is behind your notice, never ignore the notice because the tax department can impose fines of up to Rs 10,000 if the concerned party fails to reply to the notice in assessee. The number of people being served…

ncome statement： In order to analysis the financial statement thoughtfully, we apply the horizontal analysis technique to find out the significant change in dollar amount and percentage grow rate. From the income statement vertical analysis below (table 1), we could compare a series of financial statement data over a period of time. Sales revenue increase by around 10% from 2013 to 2014. If excluding the currency change, revenue from NIKE Company’s continuing operations grew 11 % for the fiscal…

Competitors: They may use to compare their statements and profitability ratio and can make their strategies to gain more profits. 6. Tax Authorities: to check whether they have follow proper rules and regulation for their income tax returns or not. Discuss the different types of business activities. Three types of Business activities. 1. Operating Activity: operating Activity includes the activity which is going to contribute for manufacturing the product. • Revenue :…

a solution to the issues within income inequality around the world. Income inequality is an unequal distribution of income to an individual. The problem of income inequality is that it affects our health and well being in a negative way, according to David R. Miller, the majority of canadians that have a greater income have a better chance of survival because they have the resources and income to get the medical care that they would need to recover (Fixing Income Inequality in Canada, 2013).…

OBJECTIVE: To obtain a General Operator position at DuPont. QUALIFICATIONS: ♣ Advanced knowledge of Microsoft Office Suite (Word, Excel, PowerPoint, Access, Outlook). ♣ Knowledgeable in a variety of computer programs and the ability to master new systems. ♣ Proven ability to work a flexible shift schedule, including ability to work overtime, holidays, weekends, and on short notice call. ♣ Working experience of wearing personal protective equipment. ♣ Ability to lift 10 lbs. frequently,…