Complete Office Furniture Solution
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BG Office is a leading provider of furniture solutions in China. We manufacture office tables with modern equipment and design to improve your workplace. We offer luxury office table for VIP executive office & conference room, and computer desks, etc.
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Income statement definition
An income statement is a financial statement that reports a company's financial performance over a specific accounting period. It is one of the three important financial statements used for reporting a company’s financial performance, the other two being the balance sheet and the cash flow statement. The income statement focuses on the revenue, and expenses reported by a company during a particular period. It provides valuable insights into a company’s operations, the efficiency of its management, underperforming sectors, and its performance relative to industry peers.
The income statement is also known as the profit and loss (P&L) statement or the statement of revenue and expense. It starts with the details of sales and then works down to compute net income and eventually earnings per share (EPS). The income statement does not differentiate between cash and non-cash receipts (sales in cash vs. sales on credit) or cash vs. non-cash payments/disbursements (purchases in cash vs. purchases on credit).
Key income statement items
Revenue is the total amount of money a company earns from its operations, usually from the sale of goods or services. For example, a car manufacturer’s revenue would be the total amount of money it earns from selling cars.
Cost of Goods Sold (COGS) represents the direct costs associated with producing or delivering the goods or services sold by a company. In the auto industry, COGS would include the cost of raw materials, labor, and other expenses directly related to manufacturing vehicles.
Gross Profit is calculated by subtracting the COGS from the revenue.
Selling, General, and Administrative (SG&A) expenses represents the costs associated with a company's non-production activities, such as sales, marketing, and administrative functions. In the auto industry, SG&A expenses would include salaries of sales personnel, advertising expenses, rent for office spaces, and other costs related to running the business.
Depreciation & Amortization: Depreciation refers to the systematic allocation of the cost of a tangible asset over its useful life. Amortization, on the other hand, is the process of spreading out the cost of an intangible asset over its useful life. In the auto industry, depreciation and amortization expenses would include the depreciation of manufacturing equipment, vehicles, and amortization of patents or trademarks.
Interest Expenses represents the costs associated with borrowing money or using credit facilities. Interest expenses are incurred when a company has outstanding debt or loans. In the auto industry, interest expenses would include interest paid on loans used to finance manufacturing facilities or purchase equipment.
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.comCreating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...
Creating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...Aurelien Domont, MBA
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Income statement definition
An income statement is a financial statement that reports a company's financial performance over a specific accounting period. It is one of the three important financial statements used for reporting a company’s financial performance, the other two being the balance sheet and the cash flow statement. The income statement focuses on the revenue, and expenses reported by a company during a particular period. It provides valuable insights into a company’s operations, the efficiency of its management, underperforming sectors, and its performance relative to industry peers.
The income statement is also known as the profit and loss (P&L) statement or the statement of revenue and expense. It starts with the details of sales and then works down to compute net income and eventually earnings per share (EPS). The income statement does not differentiate between cash and non-cash receipts (sales in cash vs. sales on credit) or cash vs. non-cash payments/disbursements (purchases in cash vs. purchases on credit).
Key income statement items
Revenue is the total amount of money a company earns from its operations, usually from the sale of goods or services. For example, a car manufacturer’s revenue would be the total amount of money it earns from selling cars.
Cost of Goods Sold (COGS) represents the direct costs associated with producing or delivering the goods or services sold by a company. In the auto industry, COGS would include the cost of raw materials, labor, and other expenses directly related to manufacturing vehicles.
Gross Profit is calculated by subtracting the COGS from the revenue.
Selling, General, and Administrative (SG&A) expenses represents the costs associated with a company's non-production activities, such as sales, marketing, and administrative functions. In the auto industry, SG&A expenses would include salaries of sales personnel, advertising expenses, rent for office spaces, and other costs related to running the business.
Depreciation & Amortization: Depreciation refers to the systematic allocation of the cost of a tangible asset over its useful life. Amortization, on the other hand, is the process of spreading out the cost of an intangible asset over its useful life. In the auto industry, depreciation and amortization expenses would include the depreciation of manufacturing equipment, vehicles, and amortization of patents or trademarks.
Interest Expenses represents the costs associated with borrowing money or using credit facilities. Interest expenses are incurred when a company has outstanding debt or loans. In the auto industry, interest expenses would include interest paid on loans used to finance manufacturing facilities or purchase equipment.
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.comCreating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...
Creating an Income Statement with Forecasts: A Simple Guide and Free Excel Te...Aurelien Domont, MBA
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Complete Office Furniture Solution
- 1. bgofficefurniture.com BG Office is a leading provider of furniture solutions in China. We manufacture office tables with modern equipment and design to improve your workplace. We offer luxury office table for VIP executive office & conference room, and computer desks, etc.
- 2. •VIP Executive •Manager Office •Staff Office •Cabinet •Conference •Home Office •Reception •Speakers •Colors Available
- 3. The gray marble stone pattern creates a majestic, elegant atmosphere. Concise lines, steady style ,wise and passionate style, shows noble office space. The beauty of design is to make life more quality .it covers wooden ,beige, grey color ,which are kind of beauty. A whole set includes office table with side table ,cabinet ,and coffee table .The design of office furniture can well fit the fast pace of modern life.
- 4. Manager office design should be different from staff office. So BG Office is designed special workplace for managers like a bigger table with keep the document desk design and a cabinet with decent space capability. Visit bgofficefurniture.com to buy it.
- 5. Meet your customized design by choosing China office modular workstation from BG office, who is well-experienced in modern furniture designs enhancing your workspace environment and efficiency. As an office modular workstation wholesaler, BG is never satisfied with current designs in the market. We strive for special and better styles with affordable price.
- 6. To match your office table, BG Office has the complete design with file cabinet and coffee table. We’re specialized in Office Furniture solution for your workspace. You will get quality and durable products from cabinet manufacturer China, enjoying staying in comfy workplace with functional furniture designs.
- 7. To match your office table, BG Office has the complete design with file cabinet and coffee table. We’re specialized in Office Furniture solution for your workspace. You will get quality and durable products from cabinet manufacturer China, enjoying staying in comfy workplace with functional furniture designs.
- 8. In work-from-home era, home office furniture demand is going higher. BG Office provides proper Office Desk Designs for your soho office with modern style and personalized colors. We’re independent-minded and innovative amid home office furniture manufacturers in China. A smart office with flexible style is your best option.
- 9. Receive your guest with a presentable reception desk which will improve your lobby level. Customize company logo or any other decoration on the front board. Dark color represents steadiness and majesty. matched with mobile drawer or fixed drawer, the reception work will become more easier and efficient. The whole workspace is flexible.
- 10. Address: Jianshe Road, Shunde, Foshan, Guangdong, 528315, China Phone: 8618928562556 E-mail: sales12@fsbige.com Web: