Net income

an investment bank with a $200,000 yearly income, the individual should clearly accept the offer with the investment bank since it’d be more effective, “Working in finance, however, you earn much more than you need and give half of your earnings to the charity, which can use that money to employ two extra workers…” (Singer,…

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…

•Economics Professor Guy Standing explains basic income in his book The Precariat: The New Dangerous Class as follows: “The core of the proposal is that every legal resident of a country or community, children as well as adults, should be provided with a modest monthly payment. Each individual would have a cash card entitling them to draw a monthly amount for basic needs, to spend as they see fit, with add-ons for special needs, such as disability. In most rich countries, it would be less…

Financial Accounting may be defined as the science and art of recording and classifying business transactions and preparing summaries of the same transactions and preparing summaries of the same for determining profit or loss and the financial position of the concern. The object of is to find out the profitability and to provide information about the financial position of the concern. Its purpose is to provide information for others to the value of a company. It is concerned with record –…

accounting/financial knowledge. One way to simplify information is to develop a chart of accounts. The chart of accounts is the foundation of the nonprofit accounting system. It is a set of categories to organize the description of assets, liabilities, net assets, income, and expenses…

company’s cash account, they may not report expenses and they can overstate their revenue on their financial statements. If there is no loss in cash, then the company’s assets on its balance sheet will present no change and be overstated, the net income from its income statement will be overstated because they will probably not report expenses, this will not portray the company’s true financial position and might lead investors to believe the company is performing much better than it truly is.…

pay the interest with it’s before tax income, so obviously the larger ratios are considered more favorable than smaller ratios. Nestle with a ratio of 31.68 means that the company makes enough income to pay for its total interest expense 31.68 times over in 2012. The company seek for continuous improvement as they improve the figure to 32.78 times in later year. Meanwhile, Dutch Lady declare that they able to pay total interest expenses 57.93 times by their income level, while this figure drop…

In all businesses and organisations, Databases are used to store all the core activities/information and often when there a major changes or restructure of the business the first process of many businesses is to change their databases to realign with their goal which makes them a valuable asset to any organisation. (Margulies, Pfleeger, Pfleeger 2015). Databases stores and maintain data at one central location so users can easily access it whenever needed. Through the use of Queries, databases…

PART – 1: EQUITY VALUATION Executive Summary Equity valuation is the determination of a company’s total value, which involves more than examining revenue and assets figures in the financial statements. Several financial indicators are taken into account for practicing equity valuation. It provides an accurate perspective, to the shareholders, creditors and prospective investors, of the company’s true value at any given time (Christensen &Feltham, 2009).The data point related to the value of a…

Introduction Financial ratio analysis is a useful comparison tool and it was developed to perform quantitative analysis on number found on financial statements. This comparison shows the trend or movement. However, JB plc can use the common insurance ratios to establish which brokers it should be conducting business with. From this financial statement, BU plc looks to be in good shape. By using the ratios, we can determine whether it fits within certain industry norms. The following is an…