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BOOK SUMMARY PRESENTATION CHAPTER 6 AND 7 (GROUP 4)

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BOOK SUMMARY PRESENTATION CHAPTER 6 AND 7 (GROUP 4)

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SLIDE PRESENTATION GRIT BY ANGELA DUCKWORTH CHAPTER 6&7 GROUP 4

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Book review summary chapter 6 & 7 Group 4

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1. Economic Basic
2. Market Condition
3. Cost Benefit Analysis
Extra Knowledge
1. IPO
2. ICO

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1. Moral value chapter 11
2. Moral value chapter 12

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Chapter 8 : Purpose
Chapter 9 : Hope

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Microsoft OneDrive - Access files anywhere. Create docs with free Office Online.

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Store photos and docs online. Access them from any PC, Mac or phone. Create and work together on Word, Excel or PowerPoint documents.

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Professional Ethics & Human Resources (Group 5)

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Professional Ethics & Human Resources (Group 5)

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EPF & Pension

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Professional Ethics & Human Resources (Group 5)

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Professional Ethics & Human Resources (Group 5)

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Trade Union

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TRADE UNION 19.11.2019. WHAT'S THAT ? WHAT IS TRADE UNION ? 01. A group of employee join together to maintain and improve their conditions of employment 02. A group of people with the same goal who protect workers right in the work place 03. Trade unions are regulated by the Trades

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Professional Ethics & Human Resources (Group 5)

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Professional Ethics & Human Resources (Group 5)

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Manpower Planning & Recruitment

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MANPOWER PLANNING & RECRUITMENT PLACE YOUR LOGO HERE INTRO The process including forecasting, developing and controlling the manpower to suit the demand. INTRO Type of organization. Number of departments. Number and quantity of such departments and employees. Current manpower

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Professional Ethics & Human Resources (Group 5)

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Professional Ethics & Human Resources (Group 5)

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Human Resources Policy

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HUMAN RESOURCE POLICY Muhammad Izzuddin Izzan bin Datu Asrin Introduction A Human Resource Policy is a system of codified decisions, established by an organization, to support administrative personnel functions, employee relations, resource planning and performance management.

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Professional Ethics & Human Resources (Group 5)

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Professional Ethics & Human Resources (Group 5)

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Human Resources Management

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Professional Ethics & Human Resources (Group 5) 

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Professional Ethics & Human Resources (Group 5) 

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Contracts & Contract Law

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Contract & Contract Law Why contract is important ? Why Regulatory requirement Protect the interest Increase clarity Handle potential disputes Mechanism of Trust Where are contracts used? Where Agreement between your employer and yourself on the responsibilities of your employer -

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Professional Ethics & Human Resources (Group 5)

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Professional Ethics & Human Resources (Group 5)

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The Law

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Business

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EEE 610 Financial Management Introduction 1 A business is an organization engaged in the trade of goods, services, or both to consumers. Most of them are privately owned administered to earn profit to increase the wealth of their owners. Those businesses need to be properly managed

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GRIT written by Angela Duckworth
Chapter 10 : Parenting for Grit

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Accounting, Bookkeeping and Financial Statement

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Elements to measure performance and financial position

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What Is Revenue?

Revenue is the money generated from normal business operations, calculated as the average sales price times the number of units sold. It is the top line (or gross income) figure from which costs are subtracted to determine net income. Revenue is also known as sales on the income statement.

Understanding Revenue

Revenue is money brought into a company by its business activities. There are different ways to calculate revenue, depending on the accounting method employed. Accrual accounting will include sales made on credit as revenue for goods or services delivered to the customer. Under certain rules, revenue is recognized even if payment has not yet been received.

It is necessary to check the cash flow statement to assess how efficiently a company collects money owed. Cash accounting, on the other hand, will only count sales as revenue when payment is received. Cash paid to a company is known as a "receipt." It is possible to have receipts without revenue. For example, if the customer paid in advance for a service not yet rendered or undelivered goods, this activity leads to a receipt but not revenue.

Revenue is known as the top line because it appears first on a company's income statement. Net income, also known as the bottom line, is revenues minus expenses. There is a profit when revenues exceed expenses.

To increase profit, and hence earnings per share (EPS) for its shareholders, a company increases revenues and/or reduces expenses. Investors often consider a company's revenue and net income separately to determine the health of a business. Net income can grow while revenues remain stagnant because of cost-cutting.

Such a situation does not bode well for a company's long-term growth. When public companies report their quarterly earnings, two figures that receive a lot of attention are revenues and EPS. A company beating or missing analysts' revenue and earnings per share expectations can often move a stock's price.

Types of Revenue

A company's revenue may be subdivided according to the divisions that generate it. For example, Toyota Motor Corporation may classify revenue across each type of vehicle. Alternatively, it can choose to group revenue by car type (i.e. compact vs. truck).

A company may also distinguish revenue between tangible and intangible product lines. For example, Apple products include iPad, Apple Watch, and Apple TV. Alternatively, Apple may be interested in separately analyzing its Apple Music, Apple TV+, or iCloud services.

Revenue can be divided into operating revenue -sales from a company's core business-and non-operating revenue which is derived from secondary sources. As these non-operating revenue sources are often unpredictable or nonrecurring, they can be referred to as one-time events or gains. For example, proceeds from the sale of an asset, a windfall from investments, or money awarded through litigation are non-operating revenue.

Formula and Calculation of Revenue

The formula and calculation of revenue will vary across companies, industries, and sectors. A service company will have a different formula than a retailer, while a company that does not accept returns may have different calculations than companies with return periods. Broadly speaking, the formula to calculate net revenue is:

Net Revenue = (Quantity Sold * Unit Price) - Discounts - Allowances - Returns

The main component of revenue is the quantity sold multiplied by the price. For a service company, this is the number of service hours multiplied by the billable service rate. For a retailer, this is the number of goods sold multiplied by the sales price.

The obvious constraint with this formula is a company that has a diversified product line. For example, Apple can sell a MacBook, iPhone, and iPad, each for a different price. Therefore, the net revenue formula should be calculated for each product or service, then added together to get a company's total revenue.

There are several components that reduce revenue reported on a company's financial statements in accordance to accounting guidelines. Discounts on the price offered, allowances awarded to customers, or product returns are subtracted from the total amount collected. Note that some components (i.e. discounts) should only be subtracted if the unit price used in the earlier part of the formula is at market (not discount) price.

Example of Revenue

Microsoft boasts a diversified product line that contributes many types of revenue. The company defines its business in several different channels including:

Productivity and Business Processes: Office products (commercial and consumer), LinkedIn, Dynamics products

Intelligent Cloud: Server products and cloud services

More Personal Computing: WIndows OEM, Windows Commercial, Xbox, Surface.

As shown below, Microsoft reported $49.36 billion during Q3 2022. High-level reporting requirements have Microsoft's income statement being shown between product revenue and service/other revenue.

In supplementary reports, Microsoft further clarifies revenue sources. For example, the breakdown of the $49.36 billion of revenue earned during Q3 2022 was split fairly evenly between the three product lines:

Revenue vs. Income/Profit

Many entities may report both revenue and income/profit. These two terms are used to report different accumulations of numbers.

Revenue is often the gross proceeds collected by an entity. It is the measurement of only income component of an entity's operations. For a business, revenue is all of the money it has earned.

Income/profit usually incorporates other facets of a business. For example, net income or incorporate expenses such as cost of goods sold, operating expenses, taxes, and interest expenses. While revenue is a gross amount focused just on the collection of proceeds, income or profit incorporate other aspects of a business that reports the net proceeds.

Special Considerations

Recognizing Revenue: ASC 606

In 2016, the Financial Accounting Standards Board released Revenue from Contracts with Customers (Topic 606). The accounting standards update outlined new guidance on how companies must report revenue. The guidance requires an entity to recognize revenue in accordance with five steps:

1. Identify the contract with the customer.

2. Identify the performance obligation in the contract.

3. Determine the contract price.

4. Allocate the transaction price to the performance obligation(s) in the contract.

5. Recognize revenue when the entity satisfies a performance obligation.

Government Revenue

In the case of government, revenue is the money received from taxation, fees, fines, inter-governmental grants or transfers, securities sales, mineral or resource rights, as well as any sales made. Governments collect revenue from citizens within its district and collections from other government entities.

Nonprofit Revenue

For nonprofits, revenues are its gross receipts. Its components include donations from individuals, foundations, and companies, grants from government entities, investments, and/or membership fees. Nonprofit revenue may be earned via fundraising events or unsolicited donations.

Real Estate Revenue

In terms of real estate investments, revenue refers to the income generated by a property, such as rent or parking fees or rent. When the operating expenses incurred in running the property are subtracted from property income, the resulting value is net operating income (NOI). Vacant real estate technically does not earn any operating revenue, though the owner of the property may be required to report fair market value adjustments that result in gains when externally reporting their finances.

What Does Revenue in Business Mean?

Are Revenue and Cash Flow the Same Thing?

What Is the Difference Between Revenue and Income?

How Does One Generate and Calculate Revenue?

What Is Accrued and Deferred Revenue?

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What is Revenue? Definition, Formula, Calculation, and Example

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Revenue is the income generated from normal business operations. Revenue can also be earned by governments and nonprofits.

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Classifications of Accounting

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Difference between equity capital and borrowed capital

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GRIT written by Angela Duckworth
Chapter 9 : Hope

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Professional Ethics & Human Resources (Group 5)

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Professional Ethics & Human Resources (Group 5)

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EPF & Pension

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EPF & PENSION Topic 1 what is epf & pension? -When you accept an employment, you are given an option to choose from the pension or Employees Provident Fund (EPF) scheme. -EPF allows you to withdraw the full savings amount when you reach your retirement age , while pension gives

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Professional Ethics & Human Resources (Group 5)

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Professional Ethics & Human Resources (Group 5)

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Human Resources Management

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RISK

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RISK What is Risk ? Definition Business risk is the possibility a company will have lower than anticipated profits or experience a loss rather than taking a profit. A company with higher business risk should choose a capital structure that has a lower debt ratio to ensure it can

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Difference between fixed capital and working capital

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DIFFERENCE BETWEEN FIXED CAPITAL AND WORKING CAPITAL

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Capital

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Financial Management Capital is wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing. What is capital??? Capital Forms of Capital Invested money that in contrast to

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CHAPTER 4: MORAL VALUES, ETHICS AND CODE OF CONDUCT
BY SHARIFAH SHAHILA BINTI SARIFFUDIN

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Get access to files anywhere through secure cloud storage and file backup for your photos, videos, files and more with Google Drive.

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ENGINEERING ETHICS (GROUP 4)

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CHAPTER 3: SUSTAINABLE ENGINEERING TECHNOLOGIES

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VIDEO PRESENTATION MUHAMAD AMIR (GROUP 3).mp4

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CHAPTER 3 ( SUSTAINABLE ENGINEERING TECHNOLOGY)

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GRIT BY ANGELA DUCKWORTH CHAPTER 4 AND 5

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Report Presentation Group 2 (Safety and Health)

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Video Presentation Group 2 (Safety and Health) and Book Review Grit Chapter 2 and 3

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Presentation Group 2 (Safety and Health)

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Presentation Group 1 ( Introduction to Engineers)

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Presentation Group 1 ( Introduction to Engineers)

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Presentation Group 1 ( Registration of Engineer Act)