Gross national income

Earnings and Comprehensive Income Net earnings and comprehensive income are composed of different components. Comprehensive income is a change in equity of an entity during a period from transactions and other events and circumstances from non-owner sources (Kieso et al., 53). However, net earnings are calculated with the sum all of revenues minus all the expenses incurred. Net earnings are the financial gain or loss a business made in a period, whereas comprehensive income is the change in…

the United States founded in 1998 by Larry Page and Sergey Bin. The company specializes in Internet-related services and other products which include online advertising programs, search engine, cloud computing, and software. Google reported a net income of $16 billion in 2015. In addition, the company also reports four major revenue segments are the Google website, AdSense Google Network, total advertising technologies and other revenues. In Google’s statement of cash flow, it stated that Google…

is sold or used in a given time period such as one year or more. It is one of the best indicator of inventory quality (whether the inventory is obsolete or not), efficient buying practices, and inventory management. This ratio is important because gross profit is earned each time inventory is turned over or sold. Inventory turnover measures how many time inventories being turnover into sales. Calculation formula: Inventory Turnover Ratio = Sales /…

What causes income inequality has always been a very challenging question. In fact, education has been argued to be one of the leading factor influencing income inequality. Though, most researchers agree on the importance of education as a reason, still some theoretical studies question it. Earlier work from Ram (1989) shows, education is closely related to income distribution in advanced developed countries. Becker and Chiswick (1996) (using panel sets in the United States) suggest a positive…

proportion of FDI approved was only 21.7 percent the same ratio is much higher in China. Furthermore, in India, FDI approval is base on the national level. Therefore, licensing requirements, registration, and mandated. Investors have to control separate negotiations at the local level should like approvals be required because approval are not managed through national level offices. So, if we do business in India, we cannot avoid a complex of approval and also face some corruption from…

Data For the purpose of this analysis, I choose to use the World Bank 2007 data to come up with a detailed conclusion. I used 32 different countries scattered throughout the world in my analysis, to provide an unbiased result. Three relevant variables were chosen to be analyzed and discussed later on in this section. These variables as mentioned earlier include foreign direct investments, agriculture and industry. The graph provided below is a summary statistic of the three variables in thirty…

A five year pro forma and capitalization worksheet are included in Exhibits 1 and 2 respectively. Details regarding the financial expectations of RLW are as follows: Revenue Roatán Leather Works’ revenue will be derived from four initial products at varying price points: Bracelets ($15), Belts ($25), Wallets & Clutches ($30) and Bags ($100). These price points were identified based on information taken from surveys and interviews that indicated customer willingness to pay between $25-$100,…

The relationship between foreign aid and economic growth has drawn great attention for years. The topic is extremely controversial one. There is now a large literature on the relationship between aid and growth. Empirical findings between aid and economic growth is mixed. Some studies found positive relationship between aid and GDP growth rate. For example, study conducted by Hansen and Trap (2000) examines the relationship between foreign aid and GDP per capita. They found that aid increases…

Many people are aware that the costs of healthcare are rising due to multiple reasons. Healthcare costs in the United States have been rising almost every year. Along with rising cost patients and their families are seeing a decline in the quality of care provided by nurses. With rising cost not being the only problem, a lot of healthcare facilities are seeing a nursing shortage. Over the past few years nursing shortages have become more common, due to an increase of population in aging adults.…

infrastructure amongst other necessary resources. The country’s level of organization through labor unions is also a noteworthy aspect that provides the needed support to propel the country’s production and product marketability hence growing the overall Gross Domestic Product (GDP). The nation’s large population in its notable organization provides the driving force particularly for the company’s manufacturing and production endeavors. Local demand conditions, which are moderate, ensure that…