Net income is the change in owners represents the change in owners' equity during a period. This does not include the effects of any additional investments or withdrawals by the owners. Cash flow is the movement of cash in or out of a business, project of financial product.
Operating revenue is that revenue which is earned by basic operating activity of business while non operating profit is earned from other activities like purchases of marketable securities etc.
Income which is generated by normal business basic operating activities is called net operating income while other income then operating income is called non operating income like interest income or dividend income etc.
The main difference between the direct method and the indirect method involves the cash flows from operating activities. Under the direct method, the cash flows from operating activities will include the amounts for lines such as cash from customers and cash paid to suppliers. In contrast, the indirect method will show net income followed by the adjustments needed to convert the total net income to the cash amount from operating activities.
Net income differs from net operating cash flows for several reasons. One reason is noncash expenses, such as depreciation and the amortization of intangible assets. These expenses, which require no cash outlays, reduce net income but do not affect net cash flows. Another reason is the many timing differences existing between the recognition of revenue and expense and the occurrence of the underlying cash flows. Finally, nonoperating gains and losses enter into the determination of net income, but the related cash flows are classified as investing or financing activities, not operating activities.
The difference between a partnership agreement and an operating agreement is that in the partnership agreement is set up for all owners or partners to be responsible for the company. The operating agreements differs in the fact that the agreement is for the person or people in charge of the operating requirements for the company.
Describe the relationship between mass and weight.
management is to plan,formulate policies, coordinate activities while an administration is to implement the formulated policies by management.
Describe how climate is related to vegetation throughout East Asia
A macro virus takes advantage of the relationship between the trust application and the operating system?
the relationship between volume and moles
The relationship between temperature and volume
The relationship between temperature and volume
It is both operating system....
It is both operating system....
Describe the relationship between criminal justice and the Constitution.
An analogy would describe it: CAR, Car DRIVER & DESTINATION.CAR being the COMPUTER itself is driven by the Car DRIVER (Operating System) to the DESTINATION(Desired Output of Application Software).
You can describe it using words or in graph form.