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In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period. [1] [better source needed]
In economics, the wage share or labor share is the part of national income, or the income of a particular economic sector, allocated to wages . It is related to the capital or profit share, the part of income going to capital, [1] which is also known as the K–Y ratio. [2] The labor share is a key indicator for the distribution of income. [3]
Net income was $115 million, growing 17% year over year. ... one short comment regarding the cost of labor. In terms of approach, specifically, what exactly have we been doing, mainly focusing on ...
Aggregate employment is determined by the demand for labor as firms hire or fire workers to recruit enough labor to produce the goods demanded to meet aggregate expenditure. In Keynesian economic theory, equilibrium is typically assumed to occur at less than full employment, an assumption that is justified by appealing to the empirical ...
The reason is simply that value-adding activities boost gross income and profit margins (note that the "value-added" concept is a measure of the net output, or gross income, after deduction of materials costs from the total sales volume). If the aim is to realise maximum shareholder value, two important valuation problems occur.
When that process is complete, according to Marx, the whole of production has become simultaneously a labor process creating use-values and a valorisation process creating new value, and more specifically a surplus-value appropriated as net income (see also capital accumulation). [citation needed]
The labor market is strong with low unemployment and continued wage growth. ... Net income and EPS increased 19% and 22%, respectively, driven primarily by the strong operating income growth and ...
Wages paid to labor are denoted by w and the rate of profit or the real interest rate is denoted by r. Note that the assumption of perfect competition enables us to take prices as given. For simplicity we assume unit price (i.e. P =1), and thus quantities also represent values in all equations.