Is comprehensive income both greater than or less than net income or just either one
In a statement of cash flow a net income is a credit, which should always be the same amout of cash in your balance sheet. (nice check)
No. You pay tax on dividends, which is NOT always the same as capital gains tax rate. Cuurently it is pretty much the same. althoug only a few years back it was the same as ordinary income.
Yes, they are the same thing. Net earnings is just another word for net income.
Income from operation is only the income from basic business activity of buisness while net income is the overall income from basic operations as well as income from other activities.
No, total taxable income is not the same as total income. Total income includes all sources of income, such as wages, interest, dividends, and capital gains. Total taxable income, on the other hand, is the portion of total income that is subject to taxation after deductions, exemptions, and adjustments are applied. Therefore, total taxable income is typically lower than total income.
The circular flow model is a summary of the operation of a market economy, that is the flow between production factors (firms) and households. Firms provide an income to households though employment (labour) and in the same manor households spend their income on firms for services and products.
In a statement of cash flow a net income is a credit, which should always be the same amout of cash in your balance sheet. (nice check)
Yes you would file your 1040 income tax the same as you always have.
No, income tax and taxable income are not the same thing. Taxable income is the amount of income that is subject to taxation, while income tax is the actual tax that is calculated and paid on that taxable income.
Parents can get an income by working, in the same way that all other people find an income. While it can sometimes be harder to find work that fits in with the care of children, there is always a way of generating an income of some sort. In most states and countries, people who work but still have a limited income are supported with state aid that supplements earned income.
Perfect Competition
Conglomerate is a merger between firms that are involved in totally unrelated business activities. A vertical merger is a merger between firms that exist in the same supply chain, while a horizontal merger is a merger between firms in the same industry.
Horizontal merger is take place when two or more firms that produce the same kind of product join force.
Not necessarily. "Full comprehensive" does not always mean the same thing because policies almost always have some exclusions. Check your policy to see if it offers the driver coverage you seek. Policies tend to be complicated, so it might be easier to just call your insurance agent and ask.
Your vacation pay income tax rate will be the same as the income tax rate on all of your other gross wages income from the same employer.
All firms do have the power to fix a price ,but insteadof doing so,in a competitive market situation firms fix a price which is equal to the average price charged by all firms in an industry,ie,it collects all the prices firms with same product and compute the average.
No. You pay tax on dividends, which is NOT always the same as capital gains tax rate. Cuurently it is pretty much the same. althoug only a few years back it was the same as ordinary income.