Income, generally defined, is the money that is received as a result of the normal business activities of an individual or a business. For example, most individuals' income is the money they receive from their regular paychecks. A paycheck is traditionally a paper document issued by an employer to pay an employee for services rendered. ...

In business and accounting, income (also known as profit or earnings) is, more specifically, the amount of money that a company earns after paying for all its costs. To calculate a company's income, it starts with its amount of revenue, deducts all costs, including such things as employees' salaries and depreciation, and the number that results is its income, which may be a negative number. This money is typically reinvested in the business, paid in corporate tax and used to pay the owners (the shareholders) a dividend. Accountancy (British English) or accounting (American English) is the process of maintaining, auditing, and processing financial information for business purposes. ... Jump to: navigation, search Profit is a positive return made on an investment by an individual or by business operations. ... In business, revenue is the amount of money that a company actually receives from its activities, mostly from sales of products and/or services to customers. ... Declining-balance depreciation of a $50,000 asset with $6,500 salvage value over 20 years. ... Corporate tax refers to direct taxes charged by various jurisdictions on the profits made by companies or associations. ... Jump to: navigation, search A dividend is the distribution or sharing of parts of profits to a companys shareholders. ...

All public companies are required to provide financial statements on a quarterly basis. The statement of income is an important part of this. Some companies also provide a more rosy financial report of their income, with pro forma reporting, or, EBITDA reporting. Pro forma income is an estimate of how much the company would have earned without including the negative effect of exceptional "one-time events", supposedly in order to show investors how much money the company would have made under normal circumstances if these exceptional, one-time events had not occurred. Critics charge that, in most cases, the "one-time events" are normal business events, such as an acquisition of another company or a write off of a cancelled project or division, and that pro forma reporting is an attempt to mislead investors by painting a rosy financial picture. Besides that, when discussing results with analysts and shareholders CEOs and CFOs have a tendency to do even more "hypothetical accounting". EBITDA stands for "earnings before interest, taxes, depreciation, and amortisation", and is also criticised for being an attempt to mislead investors. Warren Buffett has criticised EBITDA reporting, famously asking, "Does management think the tooth fairy pays for capital expenditures?" Financial statements (or financial reports) are a record of a business financial flows and levels. ... Many companies report pro forma earnings, in addition to normal earnings calculated under the Generally Accepted Accounting Principles (GAAP), in their quarterly and yearly financial reports. ... In accounting, EBITDA stands for Earnings before Interest, Taxes, Depreciation, and Amortization (sometimes named OIBDA for operating income before depreciation and amortization). ... In accounting, writing off is the expensing of a balance sheet asset that has no future benefits. ... In accounting, EBITDA stands for Earnings before Interest, Taxes, Depreciation, and Amortization (sometimes named OIBDA for operating income before depreciation and amortization). ... Jump to: navigation, search This article needs to be cleaned up to conform to a higher standard of quality. ...

It is common for some other companies, such as real estate investment trusts, to present reports using a standard called FFO, or funds from operations. Like EBITDA reporting, FFO ignores depreciation and amortization. This is widely accepted in the industry, as real estate values tend to increase rather than decrease over time, and many data sites report earnings per share data using FFO. A Real Estate Investment Trust or REIT (rhymes with feet) is a specialized form of investment company in the United States and Canada that effectively allows its (usually public) investors to share the ownership of a group of real estate properties. ... Real estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings. ... Jump to: navigation, search Earnings per share (EPS) is the earnings returned on the amount invested initially. ...

In economics, income is the constraint to unlimited consumer purchases. Consumers can purchase a limited number of goods. The basic equation for this is I = Px × x + Py × y, where Px is the price of good x, x is the quantity of good x, and I is the income (Py and y are similar to Px and x). If you need to examine more than two goods, you can add more on. This equation tells us two things. First, if you buy one more of good x, you get Px/Py less of good y. Here, Px/Py is known as the rate of substitution. Secondly, if the price of x changes, then the rate of substitution changes. This causes demand curves to slope down. U.S. Economic Calendar Economics at the Open Directory Project Economics textbooks on Wikibooks The Economists Economics A-Z Institutions and organizations Bureau of Labor Statistics - from the American Labor Department Center for Economic and Policy Research (USA) National Bureau of Economic Research (USA) - Economics material from the organization... In economics, consumers are individuals or households that consume goods and services generated within the economy. ...

The distribution of income within a society can be measured by the Lorenz curve and the Gini coefficient. The Lorenz curve was developed by Max O. Lorenz in 1905 as a graphical representation of income distribution. ... Jump to: navigation, search The Gini coefficient is a measure of inequality developed by the Italian statistician Corrado Gini and published in his 1912 paper Variabilità e mutabilità. It is usually used to measure income inequality, but can be used to measure any form of uneven distribution. ...

National income, measured by statistics such as the Net National Income (NNI), measures the total income of all individuals in the economy. For more information see measures of national income and output. Net National Income (NNI) is an economics term used in National income accounting. ... Jump to: navigation, search Measures of national income and output are used in economics to estimate the value of goods and services produced in an economy. ...

• Income statement
• Income tax
• Income trust
• Poverty line
• Profit
• Per capita income
• Total personal income

Also called Profit and Loss Account or in reference to charitable organizations Income and Expenditure Account. ... Jump to: navigation, search This article needs to be cleaned up to conform to a higher standard of quality. ... Jump to: navigation, search An income trust is an investment trust that holds income-producing assets. ... The poverty line is the level of income below which one cannot afford to purchase all the resources one requires to live. ... Jump to: navigation, search Profit is a positive return made on an investment by an individual or by business operations. ... The per capita income for a group of people may be defined as their total personal income, divided by the total population. ... Total Personal Income is the value most often used to calculate per capita income. ...

External links

• Markets & Stocks: Investor Research Center - Earnings Warnings