Sentences with phrase «yearly operating expenses»

Solicit and secure marketing sponsorships to help offset yearly operating expenses for the group.

[32] The museum restricts the use of its endowment fund to cover yearly operating expenses to 5 percent of the fund's value.

Not exact matches

The company has cut operating expenses by more than 20 % since 2014 and slashed its yearly capital investment budget by more than $ 20 billion (down from $ 50 billion in 2014).

Operating costs include myriad expenses such as cat food, litter, trash bags, paper plates, mop heads, paper towels, laundry soap, vet care, preventatives, worming medications, ear treatment, vaccinations, yearly vaccinations for over 100 cats, envelopes, postage, telephone bills, payroll, payroll tax, trash removal, workers compensation insurance, building insurance, electricity, snow removal, lawn mowing, and repairs.

• Prepared and analyzed forecasts of financial performance for labor utilization, trends, revenue and expense and general business conditions • Developed company - wide operating budgets for 150 + departments • Trained department leaders and incoming personnel • Presented weekly, monthly and yearly financial reports to Board of Directors and Senior Management

Professional Experience CMG Worldwide Inc. (City, ST) 5/2008 — Present Finance Manager • Oversaw finances of intellectual property law firm generating $ 6 - $ 12 million in annual revenue • Hired, trained, supervised, and reviewed junior accounting associates and support staff • Authored and implemented corporate and departmental budgets • Analyzed expenses and recommended strategies to cut costs while increasing efficiency • Tracked and managed expenditures of approximately $ 100,000 per week • Verified accuracy of all expenses and revenues ensuring precise financial records • Prepared income statements, balance sheets, and monthly, quarterly, and yearly financial reports • Assisted senior leadership and outside personnel with the annual corporate audit • Operated and maintained the computerized accounting system and all hard files • Monitored and documented employee expense accounts, credit cards, and purchase orders • Managed general ledger and various credit, checking, stock, and other corporate accounts • Created monthly clientele reports detailing expenses and revenues from each account • Proficient in Microsoft Money, Quicken, QuickBooks, Tax Cut, Turbo Tax, and other software

Net operating income is simply the yearly gross income minus operating expenses (i.e. property manager, yard maintenance, vacancies, repairs).

After that you take out operating and maintenance expenses to leave you with your yearly cash flow.