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Topic: Net income


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In the News (Wed 25 Nov 09)

  
  Trust and Estate Distributable Net Income (DNI)
Distributable Net Income is the tax concept used to allocate taxable income between the trust or estate and the beneficiaries.
Distributable Net Income is an approximation of the actual economic benefit available to the income beneficiaries.
Income is included on Line 9 if the trustee is legally required to distribute it even if the income has not been distributed when the return is filed.
www.1041accountant.com /distributable-net-income.htm   (676 words)

  
 EARTHLINK REPORTS NET INCOME OF $10.7 MILLION IN FOURTH QUARTER 2003
Net income for the quarter was $10.7 million, or $0.07 per share, an improvement from a net loss of ($36.9) million, or ($0.24) per share, in the prior year quarter.
Net income is expected to be in the range of $13 to $39 million for 2004.
Net income before facility exit costs is expected to be in the range of $49 to $75 million.
www.earthlink.net /about/press/pr_q42k3netincomerep   (2013 words)

  
 The Daily, Friday, November 25, 2005. Net farm income
Canadian producers saw their realized net incomes (the difference between a farmer's cash receipts and operating expenses minus depreciation plus income in kind) rise by $1.8 billion from the low received in 2003.
Realized net income represents the net income from transactions in a given year in that it includes the sale of commodities regardless of the year they were produced.
After reaching an extremely low level in 2002, total net income rebounded in the following two years to reach $3.8 billion in 2004, which was 64.1% above the previous five-year average.
www.statcan.ca /Daily/English/051125/d051125a.htm   (1707 words)

  
 Net income   (Site not responding. Last check: 2007-10-12)
Net income is the "bottom line" of the income statement, meaning that it is the result after subtracting tax expenses, cost of goods sold, selling, general and administrative expenses, depreciation expenses, and customer allowances, as well as extraordinary items (gains or losses).
Net income is sometimes contrasted with operating income (net income from normal operations only, not reflecting extraordinary/non-operating gains and losses).
Net income is synonymous with net earnings, as well as net profit (if positive) or net loss (if negative).
www.solutionmatrix.com /net-income.html   (193 words)

  
 Net Income - NI
Net income is calculated by taking revenues and adjusting for the cost of doing business, depreciation, interest, taxes and other expenses.
Net income, like other accounting measures, is susceptible to manipulation through such things as aggressive revenue recognition or by hiding expenses.
When basing an investment decision on net income numbers, it is important to review the quality of the numbers that were used to arrive at this value.
www.investopedia.com /terms/n/netincome.asp   (439 words)

  
 The Daily, Friday, May 26, 2006. Net farm income
Realized net income for Canadian farmers fell in 2005 to its lowest level since 2003, following two years of drought and more than two years of battling trade restrictions because of bovine spongiform encephalopathy (BSE).
Realized net income (the difference between a farmer's cash receipts and operating expenses minus depreciation, plus income in kind) declined 7.7% to $2.1 billion.
In Alberta, realized net income dropped to half of the previous year's level, and in Manitoba it declined by almost 40%.
www.statcan.ca /Daily/English/060526/d060526a.htm   (1328 words)

  
 N Definitions: Campbell R. Harvey's Hypertextual Finance Glossary
Income that has not been adjusted for inflation and decreasing purchasing power.
Income tax is due on the contribution in the tax year for which the contribution is made.
An asset that is not effectively producing income, such as an overdue loan.
www.duke.edu /~charvey/Classes/wpg/bfglosn.htm   (5888 words)

  
 N Definitions: Campbell R. Harvey's Hypertextual Finance Glossary (via CobWeb/3.1 planetlab2.cs.unc.edu)   (Site not responding. Last check: 2007-10-12)
Income received by an investment company from dividends and interest on investments less administrative expenses, divided by the number of outstanding shares.
Net income divided by sales; the amount of each sales dollar left over after all expenses have been paid.
Making a change in the income account equivalent to the tax savings realized through the use of different depreciation methods for shareholder and income tax purposes, thus washing out the benefits of the tax savings reported as final net income to shareholders.
www.duke.edu.cob-web.org:8888 /~charvey/Classes/wpg/bfglosn.htm   (5891 words)

  
 News Releases
Net income for fourth quarter 2005 was $86 million, or $.10 per diluted share, compared to $56 million, or $.07 per diluted share, for fourth quarter 2004.
For the full year 2005, net income was $548 million, or $.67 per diluted share, compared to 2004 net income of $313 million, or $.38 per diluted share.
Net cash provided by operations for 2005 was $2.23 billion, which included a $620 million increase in fuel hedge-related collateral deposits.
phx.corporate-ir.net /phoenix.zhtml?c=92562&p=irol-newsArticle&ID=805522&highlight=   (1964 words)

  
 Fixed Income - High Net Worth - Glossary
Net yield based on market price, after federal and state taxes are applied.
Net yield based on purchase price, after federal and state taxes are applied.
Net income after federal and state taxes are applied.
www.smithbarney.com /products_services/fixed_income/high_net_worth/gloss.html   (575 words)

  
 net income Definition
Net income is sometimes called the bottom line.
An individual's net income is used to determine how much income tax is owed.
Here we describe the overall approach we recommend: choose a system, calculate your current income and expenses and compare the two, set specific goals and monitor your progress as you work toward them.
www.investorwords.com /3247/net_income.html   (171 words)

  
 Income statement - Wikipedia, the free encyclopedia (via CobWeb/3.1 planetlab2.cs.unc.edu)   (Site not responding. Last check: 2007-10-12)
Income statements for companies indicate how Net Revenue (money received from the sale of products and services before expenses are taken out, also known as the "top line") is transformed into Net Income (the result after all revenues and expenses have been accounted for, also known as the "bottom line").
The purpose of the income statement is to show managers and investors whether the company made or lost money during the period being reported.
Net Revenue - Inflows or other enhancements of assets of an entity or settlements of its liabilities during a period from delivering or producing goods, rendering services, or other activities that constitute the entity's ongoing major or central operations.
en.wikipedia.org.cob-web.org:8888 /wiki/Income_statement   (928 words)

  
 Tax Division Programs: Corporate Net Income Tax
Alaska levies a corporate net income tax based on federal taxable income with certain Alaska adjustments.
Tax rates are graduated from 1% to 9.4% in increments of $10,000 of taxable income.
More information on corporate net income tax is in the division's FY 2005 Annual Report.
www.tax.state.ak.us /programs/corporate/index.asp   (207 words)

  
 Combined Manual Chapter 20 - Net Income Limits
The net income limit is the assistance standard for the correct unit or household size.
For clients not receiving SSI, determine the client's prospective total net income and compare it to the standard in §0020.21 (MSA Assistance Standards) to determine income eligibility.
Determine the client's prospective total net income and compare it to the standard in §0020.22 (GRH Assistance Standards) to determine eligibility.
www.dhs.state.mn.us /ECS/reguproc/cm/master20.htm   (2560 words)

  
 Financial Accounting Net Income   (Site not responding. Last check: 2007-10-12)
You should select the rate that will apply to the estimated taxable income in the year the temporary difference is expected to reverse.
After recording your income tax payable OR receivable and adjusting the deferred accounts to what they should be- income tax expense is a plug.
As a check figure income tax expense can be calculated manually as GAAP financial income adjusted for permanent differences multiplied by the appropriate tax rate.
www.business.uiuc.edu /accy310fall2000/Lectures/Taxes/handout.htm   (1506 words)

  
 Income Statements: Small Business Accounting (via CobWeb/3.1 planetlab2.cs.unc.edu)   (Site not responding. Last check: 2007-10-12)
An income statement, otherwise known as a profit and loss statement, is a summary of a company’s profit or loss during any one given period of time, such as a month, three months, or one year.
The income statement records all revenues for a business during this given period, as well as the operating expenses for the business.
Income statements, along with balance sheets, are the most basic elements required by potential lenders, such as banks, investors, and vendors.
www.businesstown.com.cob-web.org:8888 /accounting/basic-statements.asp   (661 words)

  
 Investment Losses Crimp Allied Capital's Net Income Rise
The business development company, which has investments in about 130 mostly private companies, on Wednesday reported net income of $42.9 million, or 43 cents a share, for the quarter ending Dec. 31.
Officials at Allied Capital said the company's net income varies substantially from quarter to quarter due to the timing of events that result in investment gains and losses.
The company, whose investments focus on nondurable consumer products, business services and real estate mortgages, said its operating income before net realized and unrealized gains for the quarter was $53 million, or 53 cents a share, compared with $34.7 million, or 42 cents a share, in the year-earlier fourth quarter.
www.thestreet.com /stocks/brokerages/10009788.html   (425 words)

  
 Arthur L. Farnsworth's Internet site - State Income Tax page   (Site not responding. Last check: 2007-10-12)
The job of the state income tax untax researcher is thus to examine the current state income tax statutes and regulations, and find out whether or not a legitimate requirement is established for the payment of tax.
A tax which is imposed on income at different rates, solely on the basis of the amount of income received by the taxpayer, violates the constitutional rule of uniformity.
2 defined "taxable income" as follows: "Except as otherwise provided herein, "taxable income" means the same as "taxable income" as defined in the Internal Revenue Code..." The definitions of "compensation", "employe", and "employer" referred to section 3401 of the I.R.C. The last section in Article III was Section 370.
www.enter.net /~arthurlf/incomet/statetax.htm   (2666 words)

  
 Faurecia: Finance & Shareholders - Net income
Net income indicates the amount attributable to shareholders after the year’s income and expenses have been taken into account.
Net Income for 2004 included, under French GAAP, an amortization of goodwill of €114.6 million.
Under IFRS accounting norms, it was accounted for in 2004 by the last annual amortization of intangible assets (contractual customer relationship), which did not exist under French GAAP, amounting to €119.4 million (€77.1 million after taxes).
www.faurecia.com /pages/finance_shareholders/net_income.asp   (182 words)

  
 Net Income - Section 8
Your family's gross monthly income is a sum of all of the Earned Income, Unearned Income, and Income from Assets that you entered into WorkWORLD.
The Section 8 Net Income shown in the Numerical Results is simply the amount of your family's gross income that remains after subtracting the selected expenses and employability investments above.
WorkWORLD allows you to compare the amount of this net income across various "What-If?" situations so that you can see the net effect of going to work and using various work incentives, especially the PASS work incentive.
www.workworld.org /wwwebhelp/net_income_section_8.htm   (632 words)

  
 Zooming in on Net Operating Income
It is equally unjustifiable to classify one-time income, such as special items and the sale of discontinued operations, as part of the calculation of operating income and NOI.
Net income, on the other hand, can be altered considerably by below-the-line items such as changes in accounting principles, special items and sales of discontinued operations.
Just as operating cash flow is often seen as a cleaner measure of a firm's overall strength, the trend and direction of net operating income can be viewed as an alternative to net income for the same reason: it's much harder to manipulate.
www.investopedia.com /articles/fundamental/101602.asp   (912 words)

  
 Significance of net income | MarketingProfs
The average net income per unit is then $2 for the entire sample.
The point: The net income per respondent is higher, yes, but if the pack were different, the total net income and the net income per respondent would be different — and that is what we are testing.
To calculate variance, input the 500 net incomes into Excel and subtract the mean for the entire sample of 5000 from each (in the example, subtract $2).
www.marketingprofs.com /ea/qst_question.asp?qstID=10307   (1094 words)

  
 Revenue: Corporate Net Income Tax
Domestic and foreign corporations are subject to the corporate net income tax for the privilege of doing business, carrying on activities, having capital or property employed or used in Pennsylvania, or owning property in Pennsylvania.
To arrive at Pennsylvania taxable income, all taxes imposed on or measured by net income which are expensed on the federal corporate income tax return are added back, while the foreign dividend gross-up and net interest income and gains on United States government securities are deducted.
The corporate net income tax originated as an emergency tax during the Civil War but later was declared unconstitutional by the Pennsylvania Supreme Court.
www.revenue.state.pa.us /revenue/cwp/view.asp?A=11&Q=36872   (1492 words)

  
 Net Income Up as Sales Slip for Deluxe
Deluxe Corp., St. Paul, MN, had fourth-quarter 2002 net income of $52.3 million, up from $48 million in fourth-quarter 2001.
In 2002 it realized net income of $214.3 million on revenue of $1.284 billion, compared with net income of $185.9 million and revenue of $1.278 billion.
Its operating income rose from $167.7 million to $181 million.
directmag.com /news/marketing_net_income_sales/index.html   (549 words)

  
 Net income - Wikipedia, the free encyclopedia
Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue.
For a merchandising company, subtracted costs may be the cost of goods sold, sales discounts, and sales returns and allowances.
Net income is sometimes called the bottom line because it is typically found on the last line of a company's income statement.
en.wikipedia.org /wiki/Net_income   (160 words)

  
 Distributable Net Income - DNI
In the case of an income trust, an amount that is transferable to unitholders.
Distributable net income is the maximum amount received by a unitholder or a beneficiary that is taxable; any amount above this figure will be tax free.
Distributable net income is seen as a close estimate of the true economic value the distribution would provide, but the actual amount paid out to those designated will most likely vary.
www.investopedia.com /terms/d/distributablenetincome.asp   (314 words)

  
 Net National Income - Wikipedia, the free encyclopedia
Net National Income (NNI) is an economics term used in National income accounting.
It can be defined as the Net National Product (NNP) minus indirect taxes.
This formula uses the expediture method of national income accounting.
en.wikipedia.org /wiki/Net_National_Income   (103 words)

  
 My paycheck amount - Computing taxes and withholdings (via CobWeb/3.1 planetlab2.cs.unc.edu)   (Site not responding. Last check: 2007-10-12)
The focus of this activity was for learners to actively participate to calculate income tax and other deductions that are figured as a percentage of gross earnings.
However, when asked if they knew the income tax rate or if they could compute their take home pay, most voiced that they could not perform this activity.
Learners can then calculate gross and net earnings and gather a general idea of possible salaries they could make at certain jobs (minus other deductions such as health insurance, etc).
slincs.coe.utk.edu.cob-web.org:8888 /gtelab/learning_activities/58shaj.html   (616 words)

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