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Which term refers to the total amount of money earned during a year?
annual salary
What does the term utilitarian calculus refers to?
It refers to a system for measuring the total amount of pleasure or pain caused by any action.
515 net 60 what does this mean?
"515 net 60" typically refers to a financial term, often in the context of a loan or credit agreement. It means that the borrower is expected to repay a total of $515, with the net amount due after any fees or deductions, within 60 days. Essentially, it's a shorthand way of indicating the amount owed and the timeframe for repayment.
What term refers to the total amount of money earned during a year?
The term that refers to the total amount of money earned during a year is "annual income." This figure encompasses all sources of income, including wages, salaries, bonuses, and any additional earnings from investments or other ventures. Annual income is often used for tax purposes and financial planning.
What is net plus 30 cost?
Net plus 30 refers to a payment term commonly used in business transactions, indicating that the total amount due must be paid within 30 days after the invoice date. The "net" part signifies that the full invoice amount is to be paid, without any deductions or discounts. This term helps businesses manage cash flow and ensures that payments are made in a timely manner. It is essential for both parties to understand these terms to maintain good financial practices.
This term refers to the total amount without deductions?
gross pay
Is wholesale the same as?
The net amount is the gross amount minus any discounts or deductions. The term net has nothing to do with whether something is wholesale or retail. It simply means that any expenses or deductions have been taken out of the total.
Is net the same as wholesale?
The net amount is the gross amount minus any discounts or deductions. The term net has nothing to do with whether something is wholesale or retail. It simply means that any expenses or deductions have been taken out of the total.
Which term refers to the total amount of money earned during a year?
annual salary
What does the term utilitarian calculus refers to?
It refers to a system for measuring the total amount of pleasure or pain caused by any action.
What is a term for net or final income?
A common term for net or final income is "net income," which refers to the amount remaining after all expenses, taxes, and deductions have been subtracted from total revenue or gross income. Another related term is "net profit," often used in business contexts to indicate profitability after all costs have been accounted for.
What does grossed up mean?
"Grossed up" refers to the process of adjusting a net amount to reflect its equivalent gross amount, typically to account for taxes or deductions. For example, in finance, if an employee receives a net salary after tax deductions, the grossed-up amount represents what the employer would need to pay before those deductions to achieve that net salary. This term is often used in tax calculations, financial reporting, and compensation analysis.
What does gross of something mean?
The term "gross" refers to the total amount before any deductions, such as taxes, expenses, or allowances. For example, gross income is the total earnings before taxes are taken out, while gross sales represent total revenue from sales before returns or discounts. Essentially, it provides a measure of the overall value without considering any subtractions.
What does the term accountability refers to?
Accounts receivable is an aggregate total amount of money that clients owe to a business entity. This number is used to evaluate the total amount of debt the company currently has.
Why is it called gross pay?
Gross pay refers to the total earnings an employee receives before any deductions, such as taxes, insurance, or retirement contributions, are taken out. The term "gross" indicates the overall amount, encompassing wages, bonuses, overtime, and any other earnings. It contrasts with "net pay," which is what employees take home after all deductions. The use of "gross" helps clarify the distinction between total earnings and actual take-home pay.
What does strictly nett mean?
"Strictly nett" typically refers to a financial term indicating that an amount is calculated after all deductions, such as taxes or expenses, have been subtracted. It signifies the net figure that is available for use or distribution, emphasizing that no additional costs or deductions will be applied. This term is often used in accounting and financial reporting to clarify the true value of an asset or income.
515 net 60 what does this mean?
"515 net 60" typically refers to a financial term, often in the context of a loan or credit agreement. It means that the borrower is expected to repay a total of $515, with the net amount due after any fees or deductions, within 60 days. Essentially, it's a shorthand way of indicating the amount owed and the timeframe for repayment.
