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Most recently published stories in Education.
The Income Statement
The income statement (also called the earnings report or profit-and-loss statement) reflects the results of operation over a period of time, in contrast to the balance sheet’s snapshot view of the company’s financial condition at a given instant. Again, every business must prepare an annual income statement for tax, legal and other purposes; nevertheless, semiannual, quarterly or even monthly statements can be extremely useful. The items included in the simplified income statement on page 6 will often be needed to create the financial ratios used in your analysis and covered in the next section. Briefly, here is a description of the items contained in a company’s income statement: Sample Income Statement Gross sales or revenues $ 605,000 Returns, discounts and allowances 30,000 Net sales or revenues 575,000 Cost of sales or goods sold 470,000 Gross margin or operating profit $ 105,000 Selling and administrative costs 60,000 Depreciation 5,000 Net operating profit $ 40,000 Interest income or nonoperating income 10,000 Interest expense or nonoperating expense 3,000 Net profit before taxes $ 47,000 Provision for federal income taxes 10,000 Net profit after taxes $ 37,000
By Daniel Joseph 4 years ago in Education
10 Tips to Help You Learn Faster.
How can you learn faster? Most people think that you have to dedicate countless hours each day to study in order to retain as much information as possible, but that’s not the case at all. Whether you’re preparing for an exam or learning how to master a new skill or trade, there are plenty of techniques you can use to study smarter, not harder, and make learning easier and more efficient than ever before. These ten tips on how to learn faster will help you get started immediately!
By Arun R Raju4 years ago in Education
How To Write a PhD Thesis/Dissertation?
During the time which you’ll pursue your academic degree, either master’s or doctoral, there will be many instances when you’ll be assigned to prepare a PhD thesis / dissertation. It is the biggest academic paper and is also one of the hardest ones.
By vijay aravinth4 years ago in Education
Experience Design: What It Is And Why You Should Care
As a busy professional, you may not have the time to keep up with the latest trends in web design. However, it’s important to stay up-to-date on what’s happening in the industry so you can make informed decisions about your website’s design.
By Chitika Insights4 years ago in Education
5 Tips For Conducting Effective Concept Tests
Conducting concept tests is a key step in developing a new product. By definition, a concept test is “a qualitative research method used to evaluate consumer reaction to a new product concept before it is introduced to the marketplace.”
By Poll the People4 years ago in Education
Greek Myths, Plot Diagrams, and Homosexuality
5 Students, 5 Greek Legends… During the past year, I've had five of my elementary Language Arts students complete their reading of The Twelve Labors of Hercules in our own tutoring unit where they analyzed the genre and learned about character traits, rising/falling plot arcs, and the writing process before they wrote their own creative “6 Labors” legend using a problem/solution structure! In every session, I am continuously blown away and inspired by the imagination my students possess. One student took our sessions to outer-space where her heroine had to defeat invading aliens, while another wrote the superhero story for the missing sister of Marvel's Flash! When one of my high school students read The Odyssey for his class, we were able to enter into more philosophical discussions of myths and Greek norms, which spurred my inspiration into researching homosexuality within Ancient Greece in contrast to our own American society…
By Sophia Marie Sears4 years ago in Education
