Page 1 of 50 - About 500 Essays
  • The Revenue Structure Of NIKE Company

    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 year 2014. From the table 2, it provide the revenue structure of NIKE. The table demonstrates the 11% growth rate in sale revenue are driven by both the NIKE Brand and Converse. On a currency neutral basis, NIKE brand footwear and apparel revenue increased…

    Words: 2199 - Pages: 9
  • General Electric Revenue Analysis

    Revenue is the profits a company receive from sale of goods or services before any cost or expenses are subtracted; it is known as the top line on a company (Investopedia, 2016). General Electric recognizes revenue when all sales are final upon delivering or sales agreement are in place. Most of the GE multiple components are in the same agreement. GE total revenue as of December 31, 2012 was $ 146,684,000, as of December 31, 2013 was $146,045,000 and as December 31, 2014 was $148,589,000 (Yahoo…

    Words: 710 - Pages: 3
  • The Importance Of Revenue Recognition For A Travel Agency

    businesses use different accounting for its economic transactions and recognize its revenue at different stages. Generally, revenue must be recognized when goods or services are delivered to the customer with the determined amount that customer agreed to pay. The Airline Company and Travel Agency are both in service business; however, the differences are in recognizing revenue. The firm should consider several factors when determining the amount of revenue to recognize by asking as the sale…

    Words: 1064 - Pages: 5
  • The Importance Of Gift Card Revenue Recognition

    one of the new rules provides guidance for gift card revenue recognition: when to recognize the income comes from the advance sales of gift cards. For tax purposes, taxpayers can choose either the cash or the accrual method of accounting. If the cash method is used, the income from advance sales of gift cards will be recognized in the same period. For the accrual method, the income might not be recognized in the same year it received. Since some gift card sales redeemed with another unrelated…

    Words: 1097 - Pages: 5
  • Pros And Cons Of The Internal Revenue Code

    The Internal Revenue Code states that there is an allowed deduction for all ordinary and necessary expenses paid or incurred during the taxable year in order to carry on a trade or business. IRC § 162(a). The Internal Revenue Code also states that a capital asset is property held by a taxpayer, whether or not connected with the taxpayer’s trade or business and lists exclusions from the general definition. IRC § 1221(a). Code section 163 states that all interest paid or accrued within the taxable…

    Words: 854 - Pages: 4
  • Revenue Act Of 1950 Case Study

    Before the enactment of Revenue Act of 1950 (IRC Sec. 511- IRC Sec. 513), the Tax Code allowed the exempt organizations to own and operate unrelated businesses without being subject to any income tax. By 1950 many tax-exempt organizations were competing with taxable entities in profitable business activities. Thus, the Revenue Act of 1950 was enacted which taxed the Unrelated Business Taxable Income of the tax-exempt organization. The Act was legislated to eliminate the unfair competition…

    Words: 1787 - Pages: 8
  • The Case Of John Jones, IRA) Of The Internal Revenue Code (IRC)

    In 1971, the United States Congress enacted the Section 7216 (§7216) of the Internal Revenue Code (IRC) (IRS, 2015). This provision served to prohibit unlawful disclose of tax return information by tax preparers (IRS, 2015). The purpose of this paper is to use the information provided in §7216 in concordance with the case of John Jones, CPA, to determine if confidentiality has been broken and is punishable by law. This paper will begin with a brief discussion of the statutes laid out in IRC…

    Words: 720 - Pages: 3
  • Importance Of Government Revenue

    Government revenue is based on different sources of collection to provide services to the public. These payments to the government are described as involuntary, which an individual can provide through: income taxes, general sales taxes, property taxes, corporate taxes, etc. These types of taxes are part of the federal and state governments. Each level of government has distinct taxes that are considerably more important than others. At the state level the two most essential revenues are the…

    Words: 1836 - Pages: 7
  • The Revenue Model Of Adidas

    Revenue model used by Adidas There are few types of revenue model that can be used to gain a company’s revenue. Adidas Malaysia had applied 3 types of revenue model in order to increase their sales and revenue. These revenue model are Sales, Advertising and Affiliate. Adidas had put a lot of effort in order to increase their revenue though eCommerce. So, they have their own strategy to make it success in eCommerce. Their strategy is “The success of our eCommerce strategy rests on our ability…

    Words: 705 - Pages: 3
  • Revenue In Dubai Essay

    Dubai’s Sources of Revenue It is the city that has the highest skyscraper in the world, the biggest mall in the world, and they have the only hotel in the world that is rated as a seven star hotel named Burj Al Arab. It is listed in the top ten cities with most visitors and has an unimaginable amount of oil, it is Dubai. Dubai is one of the 7 cities that make up the country United Arab Emirates, it is located on the Persian Gulf coast. The seven cities in UAE are Abu Dhabi, Sharjah, Ajman,…

    Words: 1470 - Pages: 6
  • Previous
    Page 1 2 3 4 5 6 7 8 9 50

Related Topics:

Popular Topics: