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American Translators Association is an organization that has been established with an aim to promote the profession of translators and interpreters. This organization helps in the grooming of the translators and help them excel in their fields... Who is the ATA, what they do when they started and how they help translation ...
Who is the ATA, what they do when they started and how they help translation ...Universal Translation Services
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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.
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THEME_THE_E TANITIM.pdf
- 1. Translation Hub Ensemble Members Portal LI Groups THEME & THE-E THE-E THEME Translation Hub Ensemble - Exclusive
- 2. The core values of both groups are cooperation, solidarity and trust amongst THE members. THE groups are primarily open to freelance translators/interpreters/linguists. THE-E THEME LI Groups THEME & THE-E
- 3. The purpose of THEME is to share members' posts about translation industry and to intruduce themselves in THE group. THEME LI Group THEME Minimum approval requirements for THEME 💫engaging in translation business, 💫having an acceptable profile photo, 💫a fair amount of interactions on LI.
- 4. The purposes of THE-E are to enable cooperation among group members, enhance awerness on up to date translation- related issues, share the latest innovations and brand new products/software in translation industry, give information about good and/or bad experiences in the process of completing translation projects and share recent translation/localization jobs. THE-E LI Group THE-E Minimum approval requirements for THE-E 💫engaging in translation business, 💫+300 followers and/or connections in total, 💫having an acceptable profile photo, 💫a fair amount of interactions on LI.
- 5. THE-E Rules in THE Groups Communication language is English for both groups Group members are supposed to respect for each other and each other's ideas/opinions, be honest with each other, willing to cooperate with others, kind and courteous and respect each other's privacy. No post with politic content will be allowed. STRICTLY FORBIDDEN ACTIONS WHICH ARE A CAUSE TO GET REMOVED are; swearing, bad words, disrespect, racist discourses, gender apartheid, spams and irrelevant links, any attempt to monetize the group functionality, to use the group for dating or such kind of purposes.
- 6. WHERE ARE THE MEMBERS ON THE GLOBE
- 7. https://www.linkedin.com/groups/9125211/ LI Groups THEME & THE-E THE-E THEME https://www.linkedin.com/groups/9172337/