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2 years ago

Briefly define net income and net loss.

1 answer:

5 0

Net income refers to the excess of revenue over expenditure of a firm, whereas net loss refers to the excess of expenditure of a firm over its revenue.

Net income refers to the net earnings of a firm. It is calculated by deducting total expenditure from total revenue. Total expenditure may encompass several heads, including business expenses, interest payments,fees, depreciation, taxes, etc. Net income helps to calculate the earnings of shareholders per share.

Net loss refers to the amount by which total expenditure exceeds the total revenue generated by the business operations of a firm. Revenues may be generated from products or goods sold, from transactions, from investments, etc. Net loss is reported as negative net profit on the income statement of firms.

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Which of these statements is false? A company comparison should not be made with industry averages if the company does not clear

ValentinkaMS [17]

Answer:

A company comparison should not be made with industry averages if the company does not clearly fit into any one industry.

Explanation:

In Business management, it is important to note that many companies will not clearly fit into any one industry.

Hence, when using industry averages, it is often necessary to use an industry that the firm best fits rather than randomly picking up any industry. Additionally, the analysis of an organization's financial statements would be more meaningful if the results are compared with industry averages and with results of competitors.

Any financial service sought after, should use its best judgment by analyzing and identifying which industry the firm best fits.

5 0

3 years ago

An insurance policy is _____.

Marysya12 [62]

An insurance policy is Teara Jones A.K.A "Lil Boat"

6 0

3 years ago

Read 2 more answers

Suppose that an income producing property is expected to yield cash flows for the owner of $150,000 in each of the next five yea

vivado [14]

Answer:

$1,449,635.50

Explanation:

The computation of the value of the property today is shown below:

First the present value for 5 years is

Year Cash flows Discount factor Present value

1 $150,000 0.925925926 $138,888.89

2 $150,000 0.85733882 $128,600.82

3 $150,000 0.793832241 $119,074.84

4 $150,000 0.735029853 $110,254.48

5 $150,000 0.680583197 $102,087.48

Total present value $598,906.51

The discount factor is

= 1 ÷ (1 + rate)^years

And, the formula of future value is

Future value = Present value × (1 + rate)^number of years

$1,250,000 = Present value × (1 + 0.08)^5

$1,250,000 = Present value × 1.469328077

So, the present value is $850,729

Now the today value of the property is

= $598,906.51 + $850,729

= $1,449,635.50

7 0

4 years ago

What happens if you only make the minimum payment on your credit card statement? |

natali 33 [55]

Answer:

then your credit does not go into default

Explanation:

tell me if im right please if im not sorry

6 0

3 years ago

Press agentry refers to the: A. Gathering of marketing research to determine the best public relations strategyB. Reciprocal arr

Pavlova-9 [17]

Answer:

C. Planning of activities and the staging of events to attract attention and to generate publicity.

Explanation:

When an individual or a company staged an event with the aim of catching the attention of the press or generate publicity, it is called press agentry.

Press agentry is mostly done by an organization to attract the public towards its product for personal gain. It focuses on the outcome of an event rather than the process that leads to the event.

Example of press agentry is when the CEO of a plastic industry suddenly announce an increment(about 500%) for its product. The increment generate uproar on social media because the company has become a household name and the product whose price was increased has also become a brand.

Due to the above scenario, the uproar would definately bring criticism to the company but such would also attract the media. The sudden increment will be termed publicity stunt to gain media attention.

3 0

4 years ago