Related topics: net income · revenue · share · net profit · iphone

Firms recruit 'dark' personalities for earnings management

Companies could be hiring that bad boss on purpose. According to new research in the Journal of Business Ethics, the 'dark' personality traits—questionable ethical standards, narcissistic tendencies—that make a boss bad ...

High-income earners have sturdier safety net after job loss

In the spring of 2020, COVID-19 caused an estimated 22 million job losses (13% of the total workforce). Congress' new $900 billion pandemic relief package is the second largest in U.S. history, but it only extends federal ...

How a company's consistent earnings can get a CEO fired

When a corporation's earnings are steady, its board of directors is more likely to fire their CEO after a bad earnings period, according to new research from the University at Buffalo School of Management.

Spotify reaches 100 million paying subscribers

Swedish music streaming giant Spotify said Monday it had amassed 100 million paying subscribers, but the company also fell back into the red and reported a first quarter operating loss.

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Income

Income, refers to the consumption and savings opportunity gained by an entity within a specified time frame, which is generally expressed in monetary terms. However, for households and individuals, "income is the sum of all the wages, salaries, profits, interests payments, rents and other forms of earnings received... in a given period of time." For firms, income generally refers to net-profit: what remains of revenue after expenses have been subtracted. In the field of public economics, it may refer to the accumulation of both monetary and non-monetary consumption ability, the former being used as a proxy for total income.

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