Sentences with phrase «profit following expenses»

Instead, to assess a self - employed mortgage, a lender will look at your business» bottom line, taking into consideration your profit following expenses.

Not exact matches

Every income statement, no matter how complex, follows a very simple formula: Revenue - Expenses = Profit

Pricing Strategy Shaved Ice is a product that yields a considerable profit in terms of cost to produce at $ 0.12 for a small cup to $ 0.30 for an extra large will be offered at the following prices: Small $ 1.50 Medium $ 2.00 Large $ 3.00 X-Large $ 4.00 Break - even Analysis Estimated monthly fixed expenses for a single store including rent, labor and utilities of $ 5,100 would require approximate 80 cups / day sales generating approximately $ 5,550 with a gross profit of $ 5,150.

Using the same figures, if at the end of the day after all expenses, salaries, interest charges, and reinvestment for the following year, etc, there is $ 30,000 «profit «then the ROI is 100 % and that person has recouped the total investment.

Business Interruption reimburses a business owner for lost profits and continuing fixed expenses during the time that the business must stay closed while the premises are being repaired following an insured loss, such as a fire.

Financial Reporting and Analysis for the Chamber Board of Directors including but not limited to the following: 2 year comparison, cash and accrual basis, profit & loss, balance sheet, customer balance detail, budget vs. actual, open invoices, transaction list by customer and statement of financial income and expense.

• Reorganized budgeting and expenses processing systems by overhauling both procedures and introducing efficient modules • Implemented an automated VAT returns systems which decreased tax return inefficiency by 50 % • Introduced a dynamic, online income and sales systems which increased ease of calculations as opposed to the regular standalone one • Reconciled a lengthy income report, spanning 15 years within the record time of 3 days • Identified a discrepancy in the profit and loss account, saving the company $ 15000 in income unaccounted for • Introduced the concept of «suspense accounts», effectively ensuring compliance with standards accounting principles • Singlehandedly managed petty cash disbursement and bookkeeping for 5 departments across 15 offices, 3 of which were in countries outside the US • Audited an entire paper bookkeeping system within 15 days, well within the deadline of 25 days • Converted the paper accounting system into electronic, resulting in increased efficiency at 88 % • Led a series of training sessions to provide a solid accounting background to trainees and accounting interns • Suggested incorporation of client - related accounting information into the main client database, making it easy to follow up on defaulted clients • Acquired 85 % of all outstanding debits within 5 months, following dedicated follow - up procedures

Summary of Qualifications POSSESS PROVEN SKILLS IN MANAGEMENT, ORGANIZATION, STRATEGIC THINKING, BUSINESS PLANNING, MOTIVATING, AND FOLLOW THROUGH TO OBTAIN BOTTOM LINE PROFITABILITY PREPARED AND MANAGED PROGRAM BUDGETS TO INCREASE OVERALL CONTRIBUTION AND PROFIT MARGINS RESPONSIBLE FOR RECRUITING, FORECASTING AND SCHEDULING STAFFING LEVELS TO MAXIMIZE OCCUPANCYLEVELS WHILE ENGAGING IN EXPENSE REDUCTION

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