Gross income

fourth-quarter of 2014. But, its earnings topped the consensus estimates by 5% for the quarter. The fall in its earnings can be attributed to the fact that PSX reported weak adjusted income for its midstream, chemicals and marketing. These segments reported drop of 57%, 33% and 30% respectively in their adjusted income over the fourth-quarter of 2014. However, this was partially offset…

Source 1: Aston, Margaret. The panorama of the Renaissance: with over 1000 images. London, Thames and Hudson, 1996 Origin: The author of this book is Margaret Aston. She is a british historian and an academic specialising in the Late Medieval Period and ecclesiastical history. “The Panorama of the Renaissance” was published in London by Thames and Hudson in 1996. Purpose: Margaret Aston in the historical book “The Panorama of the Renaissance” overall gives a brief overview of what was the…

QUESTION #1 FINANCIAL LIBERALIZATION IN PWCR When looking at how financial liberalization (FL) is present in the Post-Washington Consensus Regime (PWCR), it is important to follow our new IPE approach which consists of two categories: materiality and ideas. This approach allows the reader to observe FL’s role in Global Development in action by answering three key questions: Who benefits and why from the way financial crises are resolved? What is the nature and source of power? How is the…

Therefore, despite of small increase, it is good indicator that return is increasing. Operating Profit %: There is decline in operating profit which indicates that operating expense has increased from year 2016 to 2017 which require control. Gross Profit %: Gross profit is also decreasing from 30% to 36%. This fall is indicator of increasing cost of sales. Fixed Asset Turnover: This ratio is satisfying as sales are generating from fixed asset efficiently. Current Asset Turnover: It has risen…

The ACCT 6120 course helps us learn how the company is governed. The lecture and tutorial introduce and recap a series of accounting, corporate law and auditing theories and practice with a specific case in each class to analyze how the theories apply, which could better help us understand the theories as well as thinking more critically. Before studying this subject, we all think as an accountant, the corporate governance is a little bit far away from us. However, through the content of each…

7 Case Study 1 Week 2 Case Study: Industries and Heavy Pumps Mr. Coleman TLMT 313 American Public University Professor: Ronita Brooks October 14, 2017 Contextual analysis: CJ Industries and Heavy Pumps I. Major Facts: CJ Industries (CJI) is an organization that makes and supplies diverse parts of vessel motors. In October of 2007, CJI was given a $10 million yearly decrease by Great Lakes Pleasure Boats. In this agreement, CJI would give Great Lakes a wide range of pontoon motor…

The use of accounting in the business field to measure an entity in many aspects regarding financial information is crucial in modern day. Tracking how a business obtain, spends, and invest their financial assets are key indicators for not only external users such as investors and creditors, but internal users such as management departments. To plan for future endeavors, one must understand their present capabilities. Through extensive research, we can establish why cost accounting is important…

CHITKARA BUSINESS SCHOOL, CHITKARA UNIVERSITY, PUNJAB PERFORMANCE MANAGEMENT CML 3201 PROJECT-LIFE CYCLE COSTING LIFE CYCLE COSTING  Life cycle costing is defined as the total cost throughout its life including planning, design, acquisition & support costs & any other costs directly attributable to owing / using the asset.  Category of LCC capital assets: • Initial costs • Operating costs • Disposal costs SIMPLE FORMULA FOR LCC LCC= Capital + Lifetime operating cost + Lifetime…

How to become a financial advisor? General description of the job A financial advisor assists clients with their financial matters such as finding insurance options, retirement planning, and investment strategies. Financial advisors have a thorough understanding of banking procedures and policies, stock market regulations, and insurance policies. To become a financial advisor, one should enjoy managing money and working directly with clients. A financial advisor is responsible for meeting with…

These assets won't be at risk in case your LLC faces bankruptcy or lawsuits. Profits and losses can get passed through to your personal income without facing corporate taxes. However, members of an LLC are considered self-employed and must pay self-employment tax contributions towards Medicare and Social Security. LLCs can have a limited life in many states. When a member joins or leaves…