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NOI comes to fruition because of Actual Revenues. NOI is your bottom line before income taxes and interest are deducted. NOI can also be labeled as NOL (Net Operating Loss). There's tons more of explaining to this matter and other financial statements - LOTS of junk!
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Is rental income operating or non operating revenue?
It depends on the business. If the company is in the business of renting apartments, then it would be operating income. But on the contrast if the company is renting out an extra room for some extra cash than no.
How can a company have more income than revenue?
By producing the best quality of goods
True or False The Federal income tax on corpoations generates more revenue than the Federal income tax on individuals?
false
Why is the operating earnings subtotal included in most income statements?
Operating income is the income generated by business with basic business activity that's why everybody interested in that amount more than anybody else.
What is service revenue on an income statement?
Generally Service Revenue is nothing more than Revenue made by providing a service. If you paint a persons house for $5,000, you provided a service and the Revenue you brought in due to that service is considered SERVICE REVENUE.
What is the difference between income and profit and revenue?
Revenue from operations is the amount of money brought in from the sale of goods and/or services; other revenue includes any gains made on investments or other non-operating activities. Income and profit are basically synonymous. Both terms refer to the amount of money you've made at the end of the operating cycle. In its simplest form, profit is revenue less expenses. If the amount of money spent on operations (expenses) is less than the amount of revenue earned, there is a profit; if expenses are more than revenues, there is a loss. On a multiple-step income statement, gross profit is sales less cost of goods sold, profit from operations is gross profit less expenses, profit before taxes is profit from operations plus or minus any gains or losses from other revenue and expenses and net profit (also called net income) is profit before taxes less income taxes.
What is it called when your expenses are greater than your revenue on an income statement?
loss
How making more products that can be sold in a period can increase a companys operating income?
The operating income increases when a company makes more products than it can sell in a period. It is cheaper to produce more at one time and the profits increase because the price stays the same.
What produces profit for a business?
Taking in more income (revenue) than is spent on costs, which include overhead, personnel, and cost of capital.
When people develop a first draft of their revenue expense budgets what do they often discover?
They have more total expenses than they have total income.
When the total of the revenue section is more than the total of the expense section on a standard Income Statement what is the difference called?
net profit
What was the annual revenue of Microsoft Corporation in 2012?
According to the Microsoft Corporation website the annual revenue for the corporation in 2012 was $73,723. The net income of the Microsoft Corporation for 2012 was $16,978. The revenue income was increased from the previous year, but the net income was less than in 2011.
