April 2009 Archive

So the business made $3.3 million earnings after interest and before income tax. Its income tax rate is 34 percent of this amount. Thus, its income tax is $1,122,000 and its net income, or earnings after interest and income tax, is $2,178,000. The business achieved its goal of earning 15.0 percent or better of net income on owners equity ($2,178,000 net income $13,500,000 owners equity = 16.1%). The shareowners may be satisfied with this 16.1 percent return on their capital, or they may insist that the business should do
better. (more…)

Having complete and health body is valuable gift. You will be obstructed to do any activities when you have disabilities with your bodys function. That is why, it is important to keep healthy and maintain our body shape. You can obtain good body and keep healthy by doing good habits like eat healthy food, exercise, and enough rest. Most of people tend to ignore the importance of exercise. They spend their spare time with searching for amusement. (more…)

Global crisis has been makes some differences related to financial condition for today. What happened last year is a bad experience for many companies around the worlds, but also a good lesson for us, the business owners. This is a good lesson that can make us wiser to face more financial challenges in front of us. If you gained bankruptcy last year and today you want to build up your business again, you go for it. (more…)

The $21 million of its assets ($26 million total assets minus the $5.0 million of its operating liabilities) is
the amount of money that the business had to obtain from three general sources: (1) The business borrowed money; (2) the business raised money from shareowners; and (3) the business retained a good part of its annual earnings instead of distributing all of its annual profits to shareowners. These three sources of capital have provided the $21 million invested in its assets. Of this total capital, $7.5 million is from
short-term and longer-term debt sources. The rest of the companys total capital is from owners equity, (more…)

As we know that besides cash there is also credit card as mean of payment transaction. Credit card has been widely used and accepted in every financial transaction all over the world. You can get many benefits from using credit card start from easily pay the bill until easily do high value purchase. Besides its benefits, credit card also can drag you into debt problem if you do not use it wisely. And bad debt influenced your credit score. (more…)