Earnings before interest and taxes

The average beginning teachers’ salary in the 2012-13 school year was only $36,141 (SOURCE). With the cost of living in the U.S. being between $25,000 and $43,000, it is nearly impossible for a teacher to live completely independent (Gould). For years teachers have been over-worked and under-paid. They do so much work in and outside the classroom in order to teach children to the best of their abilities. Forbes magazine featured an article titled “Are Teachers Overpaid?” in March of 2011. This…

like without America? The United States has been even nicknames from its own citizens and people of other countries, such as, “Idiots,Powerful, Overrated, and Self-Absorbed.” America is an idea that people can acquire wealth not by taking it, but by earning it. So many people hate this “idea” and the country itself. The United States has been accused of many crimes such as, taking away land, abusing labor of just African Americans, stealing the Mexican territory, and theft of the American Dream.…

An Economy play vital role in the development of a country. Every country has main factors of production like land, labour, capital goods and entrepreneurship. There are four basic fundamental choices in front of a country 1. What to produce 2. How to produce. 3 For whom to produce. 4 What economic system to use: traditional economy , centrally planned economy, free market economy or mixed economy. Product Price plays significant role for consumer and producer. Consumer wants maximum…

Since the 1960’s Presidents have been trying to come up with a system that gave all Americans an equal opportunity to affordable health care. Finally, during the Obama administration, the first steps to providing a process that enables Americans to be able to afford and obtain affordable insurance is beginning to move forward and although the program is not perfect it is a stepping stone towards the right direction. The Patient Protection and Affordable Care Act, also known as ObamaCare, is the…

The United States has had a federal minimum wage since the year 1912. Massachusetts was the first state to institute a minimum wage, with eight more states following in 1913. At this time, the minimum was unbelievably low by today’s inflated standards: a measly $0.25. The cost of life has caused the minimum wage to increase over the years seven dollars, bringing it now to $7.25. President Obama has been pushing to raise the minimum wage to $10.10 an hour, but doing so would increase poverty and…

its sales and profits had suffered nevertheless. In the fiscal year ended in 2008, HMI had earned $152.3 million on sales of just over $2 billion. As the recession progressed, its 2010 sales and earnings had fallen to $1.3 billion and $28 million, respectively. In response to its declining sales and earnings, HMI instituted pay cuts of 10 percent and suspended its 401(k) contributions in 2009. The…

The current CEO and Chairman, Jeffrey P. Bezos launched Amazon.com in 1994 to serve the people as an online bookstore. Today, Amazon is the most customer-centric company and the world’s highest-earning online retailers with the projection of $107 billion in revenue in 2015 (Amazon’s report 2015). With the workforce of more than 230,800 employees, the company headquarters in Seattle, Washington, and is listed on the NASDAQ stock exchange under the symbol “AMZN” (Amazon’s report 2015). Initially,…

profit in this situation is on the basis that the short term loan advancing companies like payday industry make huge revenue annually, which means billion dollars across number of branches in any given country. Numerous customers see the substantial earnings to be unethical which these organizations are making off from small loans; on the other hand generating profits seems to be the principle objective in today’s competitive economy for any businesses. The next applicable fundamental of…

The cuts resulted in a 0.4 percent increase in taxes for the middle class, while the wealthiest Americans continued to receive tax cuts. The president, who bolstered himself as a tax-cutting guru, fell short of his promise, his rhetoric not reflecting the reality of supply-side economics. Despite Reagan’s…

to expand operations in developing and emerging markets; fluctuations in foreign currency exchange rates; interest rate increases; an inability to maintain good relationships with our bottling partners; a deterioration in our bottling partners’ financial condition; increases in income tax rates, changes in income tax laws or unfavorable resolution of tax matters; increased or new indirect taxes in the United States or in other major markets; increased cost, disruption of supply or shortage of…