1reporting period: income/expenses are wrote down when the transaction comes, not the cash
accruals principle, accruals method
3costs related to making sales - salaries, rent,…
general expenses
4the eqipments is wearing out - cost:
depreciation
5the profit thats left after general expenses and depreciation
operating profit
6the percentage payed for borrowed loans and bonds
interest payable
7operating profit - interest payable
profit on ordinary activities before tax = pre-tax profit
8непредвиденные расходы
exceptional items
9tax on profits for a company
corporation tax
10sales in british
turnover
11profit and loss account in american
income statement
12profit after task - whats to pay?
dividends to shareholders
13how big miney is payed to shareholders?
shares amount * dividents/share
14= profit after tax
earnings
15= pass paying money to shareholders
pass, omit, skip the dividend
16some of the profit to invest in future activities
retained earnings
17profitability for a shareholder - EPS
earnings per share
18kept by the company and not payed out
retained