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What else can I help you with?
Is there a rule of thumb for office rent or lease per gross income?
There is a GRM (Gross Rent Multiplier) that compares the total rental/lease income to the value or price of the property. The price can run 8 to 10 times the gross income, but that can vary widely up or down based on market conditions, interest rates, management, building type and quality, and many other factors. Capitalization Rate (cap rate) is a more comprehensive way of evaluation, but if the GRM is known for a building type and location, you can quickly determine a ballpark value.
What type of account is unrealized gain or loss?
Unrealized gains and losses are typically recorded in a company's equity section under "accumulated other comprehensive income" (OCI) if they pertain to investments classified as available-for-sale securities. For trading securities, they are reflected in the income statement. These accounts represent fluctuations in the value of investments that have not yet been sold, thus not yet realized as actual profit or loss.
What is income property good or service is subject to tax called?
Income property, goods or services that is subject to tax is called the taxable portion. This is usually based on a percentage of the value and other criteria.
What are the similarities between property tax and income tax?
both based of amount of the value . the higher income and property value determines tax rate
Difference between available for sale securities and held for trading securities?
Held for trade securities are stocks and bonds that are held with intention of selling in order to generate profits. Therefore there will be a selling price and all unrealized gains and losses are reported on the income statement. The Available for Sale securities are bonds and stocks that are sold with no intention of profit and all unrealized gains and losses are included in Other Comprehensive Income. Both need yearly fair value adjustments.
Is fair value adjustment for equities other comprehensive income?
If it's a trading security the FVA is to the income statement. If it's an Available-for-sale security the FVA is to other comprehensive income. If it's held-to-maturity then there will be no FVA. You need to determine the type of security you hold.
What does other comprehensive income include?
Other Comprehensive Income (OCI) includes revenues, expenses, gains, and losses that are not reported on the income statement, but are instead reported as a separate component of shareholders' equity on the balance sheet. OCI typically includes: Foreign currency translation adjustments: Gains or losses from translating foreign currency financial statements into the reporting currency. Unrealized gains or losses on available-for-sale securities: Changes in the market value of investments that are not yet sold. Unrealized gains or losses on cash flow hedges: Changes in the value of derivatives used to hedge future cash flows. Changes in pension and other post-retirement benefit plan assets and liabilities: Adjustments to the value of pension and other benefit plans. Changes in accumulated other comprehensive income for pension and other post-retirement benefit plans: Adjustments to the accumulated OCI for pension and other benefit plans. OCI provides a more comprehensive picture of a company's financial performance and position, as it includes items that may not be reflected in net income but still affect shareholders' equity.
Comprehensive income does not affect net income or retained earnings?
Comprehensive income is a broader measure of a company's financial performance that includes all non-owner changes in equity. It includes items that are not included in net income, such as unrealized gains or losses on investments, foreign currency translation adjustments, and changes in the market value of certain financial instruments. While comprehensive income does not directly impact net income or retained earnings, it is reported on the company's financial statements and disclosed to provide a more comprehensive view of the company's financial performance to stakeholders. It is more of a supplementary measure to net income and retained earnings.
How do you account for a minority share?
To account for a minority share, typically less than 20% ownership, the equity method is not used; instead, the investment is recorded at cost on the balance sheet. Any dividends received from the investment are recognized as income. If there are significant changes in value, the investment may be adjusted to reflect fair value through other comprehensive income or earnings, depending on the accounting standards followed (e.g., IFRS or GAAP). Regular assessments for impairment should also be conducted.
What are stocks and bonds providing income through dividends and interest the same as?
Storehouse of value. (:
How do you convert your income in to numeric value?
numeric value for monthly income
Stock and bonds providing income through dividens and interest is the same as money used as which of these?
storehouse of value
Is a donated automobile taxable income?
No since you donate it (don't get money) What you get is a receipt for value to offset income like other charitable donations.
Is there a is relationship between income and value of car own?
Yes, there is a relationship between income and the value of the car someone owns. Typically, higher income individuals tend to own more expensive and higher value cars, while lower income individuals may own less expensive vehicles. This relationship is influenced by various factors such as affordability, lifestyle choices, and financial priorities.
Why does value of output always equal income received by the resources that produced the output?
you work an hour at McDonalds for $7.50. You value that hour, right? How much do you value it? You can tell by the income you received: $7.50. Income is the measure of value.
Is there a rule of thumb for office rent or lease per gross income?
There is a GRM (Gross Rent Multiplier) that compares the total rental/lease income to the value or price of the property. The price can run 8 to 10 times the gross income, but that can vary widely up or down based on market conditions, interest rates, management, building type and quality, and many other factors. Capitalization Rate (cap rate) is a more comprehensive way of evaluation, but if the GRM is known for a building type and location, you can quickly determine a ballpark value.
What is the difference between assets and income and how do they impact financial stability?
Assets are items of value that a person or organization owns, such as cash, property, or investments. Income is the money that a person or organization earns, usually through wages, investments, or business activities. Assets contribute to financial stability by providing a cushion of value that can be used in times of need or to generate income. Income, on the other hand, is the flow of money that can be used to cover expenses and build wealth. Both assets and income are important for financial stability, as they provide resources to meet financial goals and withstand unexpected expenses.
