income net
111net worth method — An approach used by the Internal Revenue Service to reconstruct the income of a taxpayer ; who fails to maintain adequate records. Under this approach, the gross income for the year is the increase in net worth of the taxpayer (i.e., assets in… …
112net worth method — An approach used by the Internal Revenue Service to reconstruct the income of a taxpayer ; who fails to maintain adequate records. Under this approach, the gross income for the year is the increase in net worth of the taxpayer (i.e., assets in… …
113Income Smoothing — The use of accounting techniques to level out net income fluctuations from one period to the next. Companies indulge in this practice because investors are generally willing to pay a premium for stocks with steady and predictable earnings streams …
114Net international investment position — U.S.A. net international investment position (1976 2007) …
115Net Cash — A company s total cash minus total liabilities when discussing financial statements. Net cash is commonly used in evaluating a company s cash flow. More generally, net cash can refer to the amount of cash remaining after a transaction has been… …
116net — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ fine, fine mesh ▪ safety ▪ fishing ▪ drift ▪ mosquito …
117Income Statement — A financial statement that measures a company s financial performance over a specific accounting period. Financial performance is assessed by giving a summary of how the business incurs its revenues and expenses through both operating and non… …
118Income Tax Payable — A type of account in the current liabilities section of a company s balance sheet. This account is comprised of taxes that must be paid to the government within one year. Income tax payable is calculated according to the prevailing tax law in the …
119net assets — The difference between total assets on the one hand and current liabilities and noncapitalized long term liabilities ( liability) on the other hand. Bloomberg Financial Dictionary Part of a company s balance sheet. net assets equals total assets… …
120Net income — Operating income plus other income and extraordinary income less operating expenses, taxes, interest charges, other deductions, and extraordinary deductions. U.S. Dept. of Energy, Energy Information Administration s Energy Glossary …
