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What is the income associated with a scientist?
The income of a scientist can vary widely based on factors such as their field of expertise, level of education, experience, and geographic location. On average, scientists in the United States earn between $60,000 and $120,000 annually, with those in specialized fields like pharmaceuticals or biotechnology often earning higher salaries. Additionally, government and academic positions may offer different pay scales compared to private sector roles. Overall, as scientists gain experience and advance in their careers, their earning potential typically increases.
What four groups the world bank divides the world into?
The World Bank divides countries into four income groups based on Gross National Income (GNI) per capita: low-income, lower-middle-income, upper-middle-income, and high-income countries. Each group represents a range of income levels to help guide development assistance and lending practices.
What is a transitional neighborhood?
A transitional neighborhood is an area in the process of changing demographic and economic profiles. These neighborhoods often undergo shifts in terms of population, income levels, and infrastructure, which can impact housing prices and community dynamics. They may straddle characteristics of both lower-income and gentrifying areas.
What are the two basic elements of a budget?
How much income you have and how much you spend.
What is the smallest component of national income?
The smallest component of national income is typically categorized as "net foreign factor income," which represents the income earned by domestic residents from foreign assets, minus the income earned by foreign residents from domestic assets. This component is generally a small fraction of total national income.
What you are able to earn in a given period of time is called your?
What you are able to earn in a given period of time is called your earning potential.
Why is EPS presented on the income statement as opposed to all other financial statement ratios?
Because earning for specific fiscal year is calculated in income statement that's why earning per share for specific fiscal year is also presented in income statement.
What is the meaning of deffered income?
When you have earned income but will get paid in the future rather than upon earning it.
What does pension?
A pension is an arrangement to provide people with an income when they are no longer earning a regular income from employment.
What was the Household income in 1997?
The median household income in 1997 was approximately $37,005 in the United States. This represents the midpoint, with half of households earning more and half earning less.
Does the journal entry for depreciation involve Cash account?
No, Depreciation is the process of allocation of fixed asset cost for it's useful revenue earning value to each fiscal year's income statement. So it does not affect cash.
Is cash net income?
cash is not net income,it is part of wealth and can be used further in earning profit.
Expenses incurred while earning revenue should be reported in the same period that the income is reported?
matching principle
What is a formula of Earning ratio and earning per share?
Price earning ratio = market value per share / Earning per share Earning per share = Net income available to share holders / number of shares outstanding
What does business income mean?
The earning generated by way of profit, selling of property, commision or any other form by the company can be called as business income and is reflected in the Profit & Loss A/c and Balance Sheet of the company.
Which is the highest income earning zone of Indian railway?
Northern railway
The cycle of earning and spending is an example of?
The cycle of earning and spending is an example of a cash flow cycle. This mainly focuses on the income and expenditure.
