No. An irrational number is not expressible as a ratio of two integers. An irrational number has infinite and nonrecurring expansion. An example is pi, or the square root of 2.
net income is gross income less expenses
i am not good in maths, but generally we can calculate annual income by multiplying our monthly income by 12.. as if know how much is our monthly income.. similarly by multiplying, we can find annual income on behalf of weekly income, or daily income or even on hourly income...
You pay tax on taxable income and you don't on tax free income
average income of a country = total income of the country÷ population of the country
A non-recurring cost penalty is an amount of money or some "penalty" you pay only once. There will not be multiple penalties. e.g. multiple payments.
No. An irrational number is not expressible as a ratio of two integers. An irrational number has infinite and nonrecurring expansion. An example is pi, or the square root of 2.
Revenue is income that is basically income such as, income, income and more income. Do You Understand ?!
extraordinary gains and lossesNo pun intended, but these types of gains and losses are extraordinarily important to understand. These are nonrecurring,onetime, unusual, nonoperating gains or losses that arerecorded by a business during the period. The amount of each of thesegains or losses, net of the income tax effect, is reported separately in theincome statement. Net income is reported before and after these gainsand losses. These gains and losses should not be recorded very often, butin fact many businesses record them every other year or so, causingmuch consternation to investors. In addition to evaluating the regularstream of sales and expenses that produce operating profit, investorsalso have to factor into their profit performance analysis the perturbationsof these irregular gains and losses reported by a business.
National income- total income of the country Per capita income- average income of the country
Before tax income is gross income less allowable deductions and rebates = assessable income. After tax income is assessable income less the applicable income tax
the income is income
Income tax IS based on your income that is why it is called INCOME tax.
Gross income is the raw income earned while net income is after deductions of interest taxes while taxable income is that income on which tax is calculated.
Income which is generated by normal business basic operating activities is called net operating income while other income then operating income is called non operating income like interest income or dividend income etc.
Income earned from shares is called dividend income and shown in income statement as "Other income".
Income from operation is only the income from basic business activity of buisness while net income is the overall income from basic operations as well as income from other activities.