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Financial management is the managing of income and expenditure and also about making decision that will enable the business to survive financially. The aim is to create ggggggggggggwealth and generate cash in order to make the business profitable.
Every business including Not for profit need to make money to function. The financial income is always the first thing noted as without the income all other aspect will eventually cease.
When calculating any return on investment or the amount to be spent on a project, you have to do the calculation using the present value of any spending or income to be received, in order to calculate it without the effect of interest or any other event that might effect the inflow or outflow. Only by using the present value of the amounts do you have common ground to compare the options or to calculate the true value of the income.
Revenue is all the money a business brings in. Net income is revenue minus all the expenses of the business. Net income is profit.
A company is a legal entity that is created through incorporation or other legal means. A business is a way of making money. You do not have to be a company to run a business, many people work and earn money without having a formal company. I have a business that generates a small amount of income each year. It is not incorporated and I report the income and pay taxes under my personal SSN. Company is a business, but business is not really a company, it can be sole trader and partnership which are the forms of business in Australia
This cannot be determined without knowing your income as the calculation changes as income increases. For example if your annual income is $20,000 you will get a larger amount than you would if your annual income was $60,000.
Its a generally used "sub total" in preparing an income statement, normally for a business. It is the net earnings (income minus expenses) before considering the expense of income tax. In many ways, what the company made. also the point that the income tax calculation is tarted from (as income taxes are not a deduction for income taxes).
Can a second job's income be included in child support calculation.
details of calculation of i.tax
Business income is the amount of money received through your business.
Fixed asset depreciation schedule shows the calculation of yearly depreciation expense which is scheduled to be charged to income statement for all fixed assets and the total amount of depreciation applicable to specific income statement of business.
Net profit can be increased by income from non operating activities of business like dividend income or interest income etc.
No
yes it is speculative business
There is no actual "average" cost for small business insurance. The cost is dependent on your business's income, and therefore cannot be calculated without more information.
Probably no because they are pollination agent and many humans depend on them for income like beeculture and it is used in medicine
Financial management is the managing of income and expenditure and also about making decision that will enable the business to survive financially. The aim is to create ggggggggggggwealth and generate cash in order to make the business profitable.