Net Income

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Net Income

Order: Reorder
Duration: 8:27
Updated: 22 Dec 2010

What is net income, what does it measure, and why is it important to my business? What are the component parts? How is it figured? What other formulas will I need to understand in order to figure net income? How is it different than net margin or net profit? How does it relate to taxes?

http://wn.com/Net_Income

Net Income Video Definition

Order: Reorder
Duration: 2:31
Updated: 02 Feb 2012

In this financial video definition, we explain the definition of Net Income, provide a clear example of the formula, and explain why it's an important concept in business, finance and investing.

http://wn.com/Net_Income_Video_Definition

Accounting 101 Part 04 Revenue Expense Net Income

Order: Reorder
Duration: 7:14
Updated: 01 Oct 2008

Fourth in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This discusses the relationship among revenues, expenses, and net income.

http://wn.com/Accounting_101_Part_04_Revenue_Expense_Net_Income

Lesson FA-20-050 - Clip 05 - CVP Example - Determining Net Income - 7:13

Order: Reorder
Duration: 7:14
Updated: 25 Apr 2011

Illustrates the completion of a CVP Income Statement to determine net income, highlighting the calculation of total contribution margin, contribution margin per unit, and contribution margin ratio.

http://wn.com/Lesson_FA-20-050_Clip_05_CVP_Example_Determining_Net_Income_713

How To Estimate Net Income

Order: Reorder
Duration: 2:38
Updated: 06 Apr 2011

This tutorial is a invaluable time-saver that will enable you to get good at math, business accounting. Watch our bite-size tutorial on How To Estimate Net Income from one of Videojug's professionals.

http://wn.com/How_To_Estimate_Net_Income

What Is Net Income? - The Motley Fool Investing Basics

Order: Reorder
Duration: 1:13
Updated: 10 Jun 2010

http://www.fool.com - Motley Fool Co-Founder David Gardner explains how to calculate Net Income when evaluating a public company. Visit http://wiki.fool.com/Net_income for more.

http://wn.com/What_Is_Net_Income?_The_Motley_Fool_Investing_Basics

Calculating Net Income

Order: Reorder
Duration: 10:27
Updated: 12 Sep 2012

How to calculate net income after Income Tax, CPP, and EI deductions in British Columbia as of January 1, 2012.

http://wn.com/Calculating_Net_Income

Accounting Equation; Retained Earnings; Net Income; Dividends - video

Order: Reorder
Duration: 9:05
Updated: 16 Dec 2010

"What is Financial Accounting and Bookkeeping" - eBook JUST RELEASED! ONLY $.99 @ http://tiny.cc/m7slmw (FREE Sample - see details below) "What is Financial Accounting and Bookkeeping" is available in multiple formats including Kindle, iPad/iBooks, Kobo, Sony Reader, Nook, and PDF! "What is Financial Accounting and Bookkeeping" introduces integral accounting vocabulary, concepts and principles to give a foundation for learning accounting. Using conversational style language, the discussion on the differences in financial and managerial accounting give the reader a clear understanding of what financial accounting is. "What is Financial Accounting and Bookkeeping" provides step-by-step guidance through the accounting equation: (1) how to use the accounting equation in analyzing business transactions, and (2) using the accounting equation and transactional data information to later prepare financial statements and how those financial statements are linked together. "What is Financial Accounting and Bookkeeping" contains an accounting quiz and example accounting exam questions, with solutions, and a glossary of terms. -- The Accounting Equation by TheAccountingDr covers what the accounting equation is and how we use the accounting equation to solve for unknown amounts (i.e. assets, liabilities, owners' equity). In addition, there is a short description of retained earnings and how it is affected by net income and dividends. Find this the accounting equation video with complete transcript of lecture notes at http://theaccountingdr.hubpages.com/hub/Accounting-Equation The Accounting Equation video by TheAccountingDr @ http://youtu.be/x1fHKYRQdRk Other videos in this series: Part 1 - Accounting Terms and Accounting Principles Part 3 - Revenue Recognition Principle and Matching Principle Part 4 - Financial Statements -- Thank you all for your wonderful support. Because of your support we have been able to reach and help numerous accounting students. Please continue to be a part of our mission to help other accounting students be successful by giving our videos thumbs up and adding our videos to your favorites. -- For more accounting/how to eLectures (and accompanying lecture notes), blog, FAQs and ebooks visit www.TheAccountingDr.com Please note that videos may require Flash media and may not play on devices without Flash capabilities (i.e. iPad). Visit www.TheAccountingDr.com to watch the videos on non-Flash enabled devices.

http://wn.com/Accounting_Equation;_Retained_Earnings;_Net_Income;_Dividends_video

Net Income Solutions. spend 1-2 hours a day online make $1500 a month

Order: Reorder
Duration: 4:41
Updated: 18 Sep 2009

Net Income Solutions. 1-2 hours a day online make $1500 a month http://www.netincomesolutions.com/?referrerid=61 My reply to Debbie's welcome message to our team. Plus a tip to that will make you more efficient.

http://wn.com/Net_Income_Solutions_spend_1-2_hours_a_day_online_make_1500_a_month

Lesson FA-20-050 - Clip 08 - CVP Example - Target Net Income Formulas - 4:59

Order: Reorder
Duration: 5:00
Updated: 25 Apr 2011

Illustrates the meaning and calculation of target net income quantity using a CVP Income Statement with a non-zero target net income. Illustrates the target net income quantity and target net income revenue formulas in relation to the CVP Income Statement. Contrasts target net income formulas with breakeven formulas.

http://wn.com/Lesson_FA-20-050_Clip_08_CVP_Example_Target_Net_Income_Formulas_459

Net Income on the Cash Flow Statement

Order: Reorder
Duration: 5:37
Updated: 05 Jan 2013

A video tutorial designed to teach investors everything they need to know about Net Income on the Cash Flow Statement. Visit our free website at http://www.PerfectStockAlert.com

http://wn.com/Net_Income_on_the_Cash_Flow_Statement

Difference between net income and comprehensive income

Order: Reorder
Duration: 2:11
Updated: 10 Sep 2012

Clip from SmartPros' CPA Report dated September 2011 "Goodwill Hunting: Staying Alert for Asset Impairment Charges" with John Fleming, CPA discussing the difference between net income and comprehensive income.

http://wn.com/Difference_between_net_income_and_comprehensive_income

Accrual Basis To Cash Basis Conversion (Net Income Adjusted, Indirect Cash Flow Method)

Order: Reorder
Duration: 9:11
Updated: 02 Sep 2012

How to convert net income from accrual basis to cash basis using the using the indirect cash flow method and the accounting equation (assets = liabilities + stockholders equity) by deteriming the (change in cash = (-) change in other assets (+) change in liabilities (+) change in shareholders equity), using the indirect cash flow method start with net income (N/I) subtract noncash revenue add back noncash expenses, plus change in cash account included in net income adjustment, adjust for (1) operating assets & liabilities and (2) adjust for nonoperating revenue & expenses, starting with liability accounts (1) unearned revenue (deferred revenue) and (2) accounts payable (accrued expense), for asset accounts (3) accounts receivable (accrued revenue) and (4) Inventory, Prepaid Assets (deferred expense), use accrual accounting to allocate income and expenses to the period they actually occur, detailed accounting calculations with balance sheet and income statement (T Account) amounts showing the conversion by Allen Mursau

http://wn.com/Accrual_Basis_To_Cash_Basis_Conversion_Net_Income_Adjusted,_Indirect_Cash_Flow_Method

Net Income on the Income Statement

Order: Reorder
Duration: 8:46
Updated: 16 Sep 2012

A video tutorial by PerfectStockAlert.com designed to teach investors everything they need to know about Net Income on the Income Statement. Visit our free website at http://www.PerfectStockAlert.com

http://wn.com/Net_Income_on_the_Income_Statement

LIFO And FIFO Inventory Accounting (Comparing Net Income & Ending Cash Balance)

Order: Reorder
Duration: 8:31
Updated: 13 Nov 2012

Accounting for summary analysis between LIFO and FIFO inventories (and average costing), how they compare for determing net income and affect on ending cash balance, assumming prices are rising (the opposite is true if prices are declining) gross profit and net income are lowest under LIFO and highest under FIFO, LIFO results in highest cash balance at year end because taxes are lower, if average costing is used for calculating inventory the results are somewhere in the middle of LIFO and FIFO,FIFO inventory method where First-In, First-Out (FIFO) first goods purchased (or made) are used first, determine cost of ending inventory and cost of goods sold by taking the cost of oldest purchase and working forward until it accounts for all units in inventory, in all cases where FIFO is used the inventory and cost of goods sold would be the same at the end of the period whether using a perpetual or periodic system, LIFO inventory method Last-In, First-Our (LIFO) where last goods purchased (made) are used first, determine cost of ending inventory and cost of goods sold by taking the most recent purchase and working backward until it accounts for all units in inventory, detailed accounting calculations by Allen Mursau

http://wn.com/LIFO_And_FIFO_Inventory_Accounting_Comparing_Net_Income_Ending_Cash_Balance

Income Statement : Determining Net Income and Net Loss

Order: Reorder
Duration: 4:57
Updated: 13 Mar 2011

Determining the Net Income and Net Loss

http://wn.com/Income_Statement_Determining_Net_Income_and_Net_Loss

Intermediate Accounting 10B: Earnings- EBDAT, Net Income- NOPAT

Order: Reorder
Duration: 8:24
Updated: 13 Sep 2011

Ken Boyd is the owner of St. Louis Test Preparation (www.stltest.net). He provides tutoring in accounting and finance to both graduate and undergraduate students. As a former CPA, Auditor, Tax Preparer and College Professor, Boyd brings a wealth of business experience to education.

http://wn.com/Intermediate_Accounting_10B_Earnings_EBDAT,_Net_Income_NOPAT

Accounting Lesson - Dividing Net Income or Net Loss

Order: Reorder
Duration: 5:10
Updated: 30 Apr 2012

Accounting Lesson - Dividing Net Income or Net Loss

http://wn.com/Accounting_Lesson_Dividing_Net_Income_or_Net_Loss

Closing Entries for a Company with a Profit ( Net Income)

Order: Reorder
Duration: 12:47
Updated: 18 May 2012

Closing Entries for a Company with a Profit ( Net Income)

http://wn.com/Closing_Entries_for_a_Company_with_a_Profit_Net_Income

Tax Tips & Information : Net Income Tax Liability Definition

Order: Reorder
Duration: 1:45
Updated: 15 Mar 2009

Net income tax liability is basically the amount of taxes owed by an individual based on income, expenses and deductions. Use the appropriate 1040 tax form to determine net income tax liability with help from a tax consultant in this free video on taxes. Expert: Ken Lewellyn Contact: www.tnbizserv.com Bio: Ken Lewellyn is co-founder of Tennessee Business Service, Inc. Filmmaker: Dimitri LaBarge

http://wn.com/Tax_Tips_Information_Net_Income_Tax_Liability_Definition

Income Statement Merchandising Operations (Net Sales, Gross Profit, Net Income)

Order: Reorder
Duration: 4:50
Updated: 08 Sep 2012

Merchandising accounting income statement (whats included and how to setup) for a merchandising company (a company that sells goods rather than manufacture goods, like retail outlets selling to the public), detailed overview showing the accounting for net income starting with income statement main sections (revenues,COGS (cost of goods sold) & operating expenses), broken down by (1) net sales = (sales - sales discounts - sales returns & allowances), (2) gross profit = ( net sales - COGS) where COGS = (purchases + freight in - purchase discounts - purchase returns & allowances = net purchases) where (beginning inventory - net purchases = goods available for sale - ending inventory = COGS), and (3) operating expenses (sales & marketing, general administrative,R&D;) are subtracted to determine net income, the example shows each section of the income statement, whats included and (the additions and subtractions) that are made to determine net income where (revenue (net sales) - COGS = gross profit - operating expenses = net income), explained in detail by Allen Mursau

http://wn.com/Income_Statement_Merchandising_Operations_Net_Sales,_Gross_Profit,_Net_Income

Retained Earnings Accounting (Affected By Net Income, Dividends Paid) B/S & I/S Accounts

Order: Reorder
Duration: 6:12
Updated: 08 Sep 2012

Retained earnings (shown on balance sheet template with T Accounts), retained earnings part of (1) shareholders equity, (2) financing activity, and earned capital, retained earnings is affected by (1) net income gains and losses and (2) cash dividends paid to shareholders which reduces retained earnings, example shown (1) are (debits and credits) for the closing of revenues and expenses from the income statement to income summary account which is the closed to retained earnings for any gains or losses, (2) flow diagram showing how the income statement accounts are zeroed out, closed to retained earnings each period (year) and how accummulated retained earnings equals net income for each period minus cash dividends, and (3) chart listing possible accounting transactions that affect retained earnings (debit (-) decreases, credit (+) increases) retained earnings, detailed accounting and explanation by Allen Mursau

http://wn.com/Retained_Earnings_Accounting_Affected_By_Net_Income,_Dividends_Paid_B_S_I_S_Accounts

How to determine your Net Income for Tax Purposes in Four Steps

Order: Reorder
Duration: 2:22
Updated: 08 Aug 2012

For a better understanding of the four steps necessary to determine your Net Income for Tax Purposes, which is the first step when determining your Income Tax. https://sites.google.com/site/futurcpa

http://wn.com/How_to_determine_your_Net_Income_for_Tax_Purposes_in_Four_Steps

photo: AP / Post Courier

In this Feb. 6, 2013 file photo, bystanders watch as a woman accused of witchcraft is burned alive in the Western Highlands provincial capital of Mount Hagen in Papua New Guinea.

Woman accused of witchcraft is burned alive in public flogging (Photos)

The Examiner

30 Mar 2013

A woman is beaten, tortured and set on fire in a public square, in Papua New Guinea , on Feb. 7, 2013. The woman is accused of being a witch by an angry mob, who bound, tortured and set her ablaze in view of hundreds of horrified spectators, a number of them were children. The woman's murder was photographed by some of the bystanders ... Woman burned alive ... Woman accused of witchcraft is burned alive in public flogging. Photo credit.  ... ....(size: 5.0Kb)

photo: US Army / Edward N. Johnson

Korean People's Army soldiers observing the South Korean side of the DMZ. The Korean People's Army (KPA) is the name for the collective armed personnel of the North Korean military.

North Korea declares 'state of war' with South

New Straits/Business Times

30 Mar 2013

SEOUL . North Korea on Saturday declared it was in a “state of war” with South Korea and warned Seoul and Washington that any provocation would swiftly escalate into an all-out nuclear conflict. The United States said it took the announcement “seriously”, but noted it  followed a familiar pattern, while South Korea largely dismissed it as an old threat dressed in new clothing ... - AFP . ....(size: 4.4Kb)

photo: AP / Jon Chol Jin

North Korean army officers punch the air as they chant slogans during a rally at Kim Il Sung Square in downtown Pyongyang, North Korea, Friday, March 29, 2013.

N Korea vows to 'strengthen nuclear weapons'

Al Jazeera

31 Mar 2013

North Korea has pledged to strengthen its nuclear weapons programme, a day after announcing it is in a "state of war" with South Korea, as the region remains tense amid a military build-up by both North and South Korea ... The nuclear armed forces "should be expanded and beefed up qualitatively and quantitatively until the denuclearisation of the world is realised", it added ... Featured on Al Jazeera ... Hijacking feminism ... In This Room ... News ... ....(size: 8.1Kb)

JCI Has Posted Best Q1 Performance in Eleven Years

Jakarta Globe

01 Apr 2013

Lippo Karawaci, the biggest listed property company, booked a 50 percent rise in net income last year to Rp 1.06 trillion ($109 million) ... Ciputra Development, a property developer affiliated with tycoon Ciputra, booked an 81 percent rise in net income last year to Rp 589 billion ... In finance, Bank Central Asia booked an 8.3 percent rise in net income to Rp 11.7 trillion, due to rising net interest income and fee-based income....(size: 4.0Kb)

Jackson Reports Record 2012 Net Income Of $992M

Insurance Newsnet

31 Mar 2013

Jackson ......(size: 0.1Kb)

TPK tops Taiwan market in 2012 earnings per share

Taipei Times

31 Mar 2013

Chunghwa Telecom (中華電信) was second with net income of NT$39.90 billion, followed by Asustek with net income of NT$22.42 billion. The next four spots were taken by Mega Financial Holding Co (兆豐金控, NT$21.53 billion in net income), Cathay Financial Holding Co (國泰金控, NT$17 billion), HTC (NT$16.78 billion) and Delta Electronics Inc (台達電, NT$16.11 billion)....(size: 2.7Kb)

Shippers show marked rebound in profitability

Taipei Times

31 Mar 2013

The container shipper’s profitability last year also showed a significant rebound from net income of NT$20.31 million, or NT$0.01 per share, in 2011, data showed ... Evergreen reported net income of NT$128.53 million, or earnings per share (EPS) of NT$0.04 for the whole of last year, from losses of NT$3.09 billion, or NT$0.89 per share, recorded in 2011, the company said in its filing to the Taiwan Stock Exchange....(size: 3.2Kb)

Spending Shift Spurs Industrial ETF Drop: China Overnight

Bloomberg

31 Mar 2013

The company’s 2012 net income fell 35 percent to 5.52 billion yuan ($890 million), according to a statement March 22 ... The company, known as Chalco, had a net loss of 8.23 billion yuan in 2012, it said March 27 ... The company, based in Beijing, said 2012 net income declined 40 percent to 11.06 billion yuan ($1.8 billion) from a year earlier, according to its statement March 28 ... Belinda Cao in New York at lcao4@bloomberg.net....(size: 5.9Kb)

StreetWise: Copper producer thriving under symbiotic relationship

Pittsburgh Post-Gazette

31 Mar 2013

Looking at Southern Copper's financial results for 2012, net sales were $6,669.3 million -- only about 2.2 percent lower than 2011's historical record -- despite a 10 percent lower copper price ... Net income for 2012, excluding a court ordered one-time legal fee of $316 million, was $2.25 billion for a 33.7 percent profit margin....(size: 3.6Kb)

Dionne Warwick files for bankruptcy

Canberra Times

31 Mar 2013

The 50-page document, lodged in a New Jersey bankruptcy court, provides in humiliating detail the particulars of Warwick's personal finances, even down to her monthly $90 bill for rubbish disposal and the fact that, two weeks ago, she had a debt counselling session over the net....(size: 1.3Kb)

GameStop Earnings Hold Up As Next-Gen Consoles Offer New Life

Seeking Alpha

31 Mar 2013

GameStop (NYSE.GME) reported better-than-expected earnings for the fiscal fourth quarter of 2012. Net sales and gross profit for the quarter were in line with last year's figures. Lower asset impairments and restructuring charges for the quarter led to a 50% year-on-year increase in net income. The company had earlier warned that sales for the quarter would be down by 4% to 7%, after a disappointing holiday season ... Disclosure....(size: 4.0Kb)

DAVID STOCKMAN: We've Been Lied To, Robbed, And Misled

Business Insider

31 Mar 2013

For the fiscal 2009 year, Goldman Sachs generated what I call a $29 billion surplus – $13 billion of net income after tax, and on top of that $16 billion of salaries and bonuses, 95% of it which was bonuses ... They are collecting the spread, they've then booked the profits, they've rebuilt their book net worth, and they paid back the TARP basically out of what was thieved from the savers of America....(size: 9.1Kb)

TOFUTTI Announces 2012 Results

Sacramento Bee

30 Mar 2013

In fiscal 2012, the Company had a net loss of $824,000 ($0.16 per share) compared to net income of $43,000 ($0.01 per share) in fiscal 2011 ... before provision for income tax ... 132 Income tax (benefit) expense (88) 89 Net (loss) income $(824) $43 Weighted average number of shares outstanding. Basic 5,154 5,176 Diluted 5,154 5,176 Net income per share....(size: 6.4Kb)

QCI Board of Directors Approved Financial Statements for FY2012 (Quanta Computer Inc)

noodls

30 Mar 2013

(Source. Quanta Computer Inc) 1.Date of occurrence of the event.2013/03/29. 2.Company name. Quanta Computer Inc. 3.Relationship to the Company (please enter "head office" or. "subsidiaries"). Head office. 4.Reciprocal shareholding ratios ... 1 ... Net Income before Tax ... Net Income after Tax ... Net Income before Tax ... Net Income after Tax exclude minority interests....(size: 1.8Kb)

Dip in CPO Price Hurts BW Plantation Earnings

Jakarta Globe

30 Mar 2013

In a financial statement released on Thursday, the company reported Rp 262 billion ($27 million) in net income last year, an 18 percent decline from a year earlier ... Tito Tambayong, an analyst with Trimegah Securities, said in his assessment on BW Plantation’s earnings said that the full-year net income came in 19 percent lower than Trimegah’s ......(size: 1.8Kb)

Retailer Matahari’s Profit Surges 98%

Jakarta Globe

30 Mar 2013

Matahari Putra Prima, a hypermarket operator arm of the Lippo Group, on Thursday announced that it had nearly doubled its net income last year, on the back of strong sales from its retail outlet Hypermart. Net income was recorded at Rp 238.5 billion ($24.5 million) in 2012, up 98 percent from Rp 120.3 billion in the previous year. The group’s total sales were Rp 10.9 trillion in 2012, up 22 percent from 2011’s Rp 8.9 trillion ... ....(size: 2.4Kb)

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Contents

Overview [link]

An equation for net income [link]

References [link]

See also [link]

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