I read that a bank can write off capital off its balance sheet and show profit in its income statement. This pertains to the current subprime crisis. How is this done?
Can you explain this in depth?
I don’t understand the relationship between the balance sheet and the income statement in a case like this
Can you explain this in depth?
what is the relationship between the balance sheet and the income statement in a case like this
and other incomes , net profit
i need iformation to solve my essessment
I am a 13 year old and i want to make some money as i am not allowed a paper round or anything like that! So i want to know what is a good seller on ebay and something that i can make a profit on, and where to buy it, if i have to buy in bulk i dont want in the 1000’s i want between 50 - 100 of whatever you think is a good seller on ebay!
I was told to go to this site after sighing up for an adv. for working at home and paying for a google profit making kit. Is this legit or a scam.
I am currently selling swimming goggles that come with different styles and autobiographies.
Do you have good suggestions that I can sell to attract sales esp. to women?
is it legit? can u make money from home?
The closing trial Balance of XYZ Co shows the following:
Trial Balance 30 June 2004, in US Dollars
Cash 14,000
Accounts receivable 32,800
Accounts Payabel 13,400
Merchandise Inventory22,700
Furniture & Fixtures 8,100
Capital Stock 20,000
Prepaid Rent 2,100
Sales 207,900
Purchases 51,000
Operating Expense 62,300
Production Expense 42,100
Other Expense 6,200
A)organise the accounts into one column for debits and one column for credits.
B)Calculate gross profit and net profit or loss?
I know the variances can be significant, but I mean, generally speaking, what is the per-unit profit on a 50-100 unit apartment building in So Cal after: operating expenses, insurance, and an average commercial loan structure. $100 per unit? More or less? Am I even close?
Could you please identify what the cost of sales are for a school because i am trying to do a feasibility study and need to include gross profit = sales - cost of sales! I also need to do a break even but can’t decide on the variable costs as these will be so minor per student and i am dealing in such large cash inflows/outflows…Best answer reward!
How to you save on carrier bags, stationary, staff costs without skimping on the day to day running of the business and effecting brilliant customer service?
Any other ideas on how to keep profit loss to a minimum?