#A Statement of Profit and Loss

[thedalektables]

Chapters: 4/4 Fandom: Doctor Who (2005) Rating: Teen And Up Audiences Warnings: No Archive Warnings Apply Relationships: Tenth Doctor (duplicate)/Rose Tyler Characters: Rose Tyler, Tenth Doctor (duplicate) Summary:

Through centuries of give and take, the Doctor always seemed to end up in the red. But today, with only a couple notes of currency, he just may make it into the black.

[evermoredeluxe]

today i paid $8.20 for a starbucks coffee and i don’t get starbucks often (once every few months) and i always forget how expensive it is

[khoirri]

Lihat jasa dari freelancer ini! Jasa Pembuatan Laporan Keuangan seharga Rp 0. Gunakan jasanya sekarang di Fastwork https://fastwork.id/user/khoirri/financial-36347550?utm_source=app_sharing

[blogtey45]

Jon Corteen Understands Profit, Value Systems, and Strategy

[damonp304]

Jon Corteen Understands Profit, Value Systems, and Strategy

🌟I've got a clear-ish vision of where I want to go, a fairly good idea of what I have to accomplish now and in the next....oh, three or four minutes...

[mfi-miami]

UWM Announces It's Expanding Its Bank Statement Loan Program

UWM Announces Major Expansion Of Its Popular Bank Statement Loan Programs.  Will UWM’s Bank Statement Program Be a Game Changer? Pontiac, Michigan based lender UWM Announced Wednesday that it intends on expanding its bank statement loan program. The plan is to provide additional flexibility and opportunities for independent mortgage brokers and self-employed borrowers. The UWM program will…

[accountingsikhehindime]

लाभ-हानि विवरण और लाभ-हानि खाते में अन्तर।

नमस्कार दोस्तों इस पोस्ट मे आज हम लाभ-हानि विवरण और लाभ-हानि खाते में अन्तर जानेगे। दोस्तों यदि आप Commerce स्ट्रीम से पढ़ाई कर रहे हैं। तो आप को जरूर जानना चाहिए कि लाभ-हानि विवरण (Statement of Profit and Loss Account) और लाभ-हानि खाता (Profit and Loss Account) क्या है। क्योंकि ईन दोनों के द्वारा किसी Business के Net Profit और Gross Profit को ज्ञात करने की विधि अलग-अलग होती है। और इस आर्टिकल मे…

[nelsonbeauchejason]

[nupurhfsoft]

Some exciting features of our software:

Balance Sheet

Profit & Loss Statement

Trial Balance Report

General Ledger

Sales And Accounts Receivables

Accounts Payable

Cash and bank Management

Mass Data Management Capability

Leading-Edge Security

Very Fast Data Connection

Offline And Online Version

And Others Facilities 

[fairuzfan]

My university refused to even utter the word Palestinian or anything in their singular statement (mentioning the unbearable loss that Jewish students must have experienced on October 7th). Even when approached by Palestinian students they doubled down and refused to offer any support even in the face of documented hate crimes with literal antipalestinian sentiment and violence towards palestinians and Muslims so yeah I'm sorry but right now the people suffering the most on college campuses are Palestinians first and foremost. And Palestinian students especially try to become doctors, engineers, nurses, or lawyers so the fact that they're profiting off their prestige while also completely ignoring them is the definition of anti-Palestinian.

[business-in-indonesia]

How Does a Profit and Loss Statement Help Your Business?

At a basic level, the profit and loss statements help you keep track of the net profit- as well as the net loss – that you may be making in your business. This is perhaps the most important benefit that you get from the same. This provides you with a good indication of how well – or not – your business is doing. 

It helps you track the indirect expenses

By using such a statement you can easily track the indirect expenses happening in your business for any particular period that you want to. The data provided in such a statement plays the main role in this regard. 

This way, with the help of a profit and loss statement you can bring down the expenses that are not really necessary for your business. This in turn can help you be more profitable down the line.

It helps you ascertain the net profit ratio   

Such a statement is immensely helpful when it comes to analyzing your financial statement. When you know the net profit you are earning as a business it helps you determine with ease the ratios that are linked to your net profit. 

It helps you make business-related decisions 

With the help of an income statement, it becomes that much easier for you to make those decisions that are so crucial for your business. You can easily use the data for the current year and compare it with the data from the previous year or any other period in your past. This helps you get a good idea of how well or poorly you may do in the future. This in turn makes it easier for you to make those crucial decisions and plans for the betterment of your business in the days to come. You can be sure that it would be even better if you prepared one by using software from the best providers such as Tally Solutions. 

Conclusion    

It is not as if there are no disadvantages to these statements. For starters, you cannot always expect them to provide you with a complete picture of your business. It may not always be right to make certain decisions in your business just because you are being profitable. These statements do not provide you with any insight into the kind of cash that you may be generating. The period of reporting can also be problematic at times, especially for potential stakeholders. 

[bizzlibrary02]

Business Have Some Essential Financial Statements – What are They? Bizzlibrary

While running a business, financial statements play a vital role in every organization. It provides extensive information about the company revenue, balance sheet, income, and cash flow business statements. If you want to learn the basic types of financial statements, visit our Bizzlibrary website: https://www.bizzlibrary.com/

[invisibleicewands]

Michael Sheen's The Way echoes Tata steelworks reality

When Michael Sheen was filming clashes between steelworkers and riot police in his home town Port Talbot, little did he know 2,000 jobs at its steelworks would be at risk by the time it premiered.

"We had no idea when we were developing the story what would be happening at the steelworks when this came out," he said.

"It's incredibly unfortunate that the story we've written has come bizarrely very close to the truth."

Speaking ahead of The Way's premiere at Port Talbot's Reel Cinema, he insisted the three-part BBC drama - originally conceived in 2016 - was a fictional story and not about the Tata steelworks.

"But obviously, knowing the town, knowing the relationship the town has with the steelworks, knowing the insecurities and the anxieties that have always been there in my lifetime around employment and work there - that was part of what drew us to setting the story in this town," said Sheen, 55, who both directed and starred in the drama.

He said Port Talbot's steelworks was the "spiritual centre of the town" and "part of our DNA" and the news of job losses had been "devastating".

The Way is written by James Graham, created by Sheen, Graham and documentary filmmaker Adam Curtis and stars a number of Welsh actors.

The cast includes Steffan Rhodri (Steeltown Murders and Gavin & Stacey), Mali Harries (Hinterland), Sophie Melville (The Pact), Callum Scott Howells (It's a Sin) and Mark Lewis Jones (Men Up and Keeping Faith).

Episode one sees growing concern over the future of the steelworks, leading to protests, which later turn to riots.

Some take to the streets to join the fight, others frantically try to escape or hide in their homes as helicopters fly overhead.

The streets become a warzone and the town is locked down by armed police.

With Port Talbot facing an uncertain future, could life imitate art?

"It's not like we're saying 'this is what you should do as a result of what's going on' by any means, but obviously I have huge sympathy for the steelworkers," said Sheen.

"In no way is this a blueprint to how people should react, but you don't know do you? I have no idea how people are going to react.

"People will try and be as resourceful and as positive about it as they possibly can I'd imagine because that is the spirit of the people in this place - but at the same time you don't know and people are very angry as well."

For Sheen, "everything" is political.

A long-term champion of the NHS, in 2015 he was applauded for delivering a passionate speech to a pro-NHS march in Tredegar, Blaenau Gwent, and he is currently in rehearsal for a National Theatre production about NHS founder Aneurin Bevan.

In 2019, he sold property to bankroll the Homeless World Cup in Cardiff when funding for the £2m project fell through at the last moment.

In 2020, the actor, who was born in Newport and raised in Port Talbot, said he had handed back his OBE so he could air his views about the monarchy without being a "hypocrite".

In 2021, he said he had turned himself into a "not-for-profit" actor, using the money he earned from acting to fund projects.

He has been vocal on a range of issues from children in care to Welsh independence.

Was he trying to make a political statement in The Way?

"Everything is connected, everything happens for a reason, things are the way they are in this town and any town not just by chance, it's because of choices and various things... I think inevitably this was going to be a political story," he said.

"Part of the reason why we wanted to set it here... we needed to feel there was a great sense of discontent amongst a lot of people in the place, a lot of anxiety, a lot of feeling of not having their voices heard."

He said when people were made to feel that they were not being listened to and did not matter "that sense of frustration and anger can boil over".

Sheen made his name as an actor initially in the theatre before winning acclaim as a screen actor playing real people from Tony Blair, David Frost, Kenneth Williams and Chris Tarrant to lead roles in series including Good Omens, Masters of Sex and Staged.

In 2011, he directed and starred in a 72-hour epic theatrical production of The Passion, which moved around different locations across Port Talbot drawing huge crowds and critical acclaim.

It is perhaps unsurprising that he would choose to make his TV directorial debut in the town too.

"[The Way] was definitely very personal," he said.

"I feel like I knew what I was filming and I felt anchored and connected to what was going on."

Sheen now lives near Port Talbot with his partner Anna Lundberg and their two children Lyra and Mabli.

"It's somewhere I inevitably keep coming back to and it's an endless source of inspiration," he said of the town.

"It's the source of all my imaginative explorations really because it's my home.

"It's where I grew up, it's where all the most important things happened to me, it's where my family still lives, it's where I now live again and as I've got older I've realised more and more how important the beginning of my life was and all the opportunities people gave to me."

One of those people who gave him opportunities was Godfrey Evans, a drama teacher who helped shaped generations of actors through the West Glamorgan Youth Theatre and died in November, aged 82.

At the premiere across the road from the town's Aberavon Beach, Sheen dedicated the screening to both his former teacher and Port Talbot's steelworkers.

What are his hopes for those in his home town currently fearing for their jobs?

"Particularly at a time like this when there's so much anxiety and so much concern about the future it is so important to feel like you're supported and you can talk about what's going on and to find connection with other people who are maybe going through the same things," he said.

"We wish everyone the best and hope there's plenty of support for people in the future."

[lostlegendaerie]

Fuck it! US Private Student Loans Guide!

DISCLAIMER: while I have worked in private loans specifically for five+ years, this isn't ‘financial’ advice and is just a heavily summarized guide on how to navigate them. Yes, these loans suck, but complain to your legislators not me. I’m just trying to help you know what you’re doing. Additional info for each section is under the cut!

1) Who are you and who are all the companies constantly running around with my money?

I work in loan SERVICING, which is basically the billing department. If you’ve got a new company asking you for money, it's probably a new servicer and your debt is still owned by the bank. We enforce the terms in the promissory note, the document you sign telling the bank “yeah I'll play by your rules if you give me the money.” If your loan defaults, you’ll get contacted by a third (fourth?) party, but how that works is beyond my wheelhouse. The bank or your servicer should be able to confirm what happens in case of default.

2) What am I looking for in a ‘good’ loan?

Generally, you’re going to want SIMPLE instead of compound interest, a FIXED RATE opposed to a variable one, and you’ll want to go for FULL DEFERMENT while in school and make manual payments when you can. Also ask up front about stuff like if disability forgiveness or co-signer release (getting your parents off it) is offered.

3) This loan sucks! How do I make it better?

Student loans are NOTORIOUSLY hard to get out of, unfortunately. If the interest rate/payment relief options suck, you can try to REFINANCE where you take out a new loan to pay off the old one. This gives you a new promissory note, interest rate, and terms/conditions. If you’re trying to erase the debt entirely, ask for the promissory note (if they can't provide a copy, we have to forgive the debt. I've only seen this happen ONCE.) or try to go through social security disability.

DO NOT USE FREEDOM DEBT RELIEF OR OTHER SERVICES. DO NOT. THEY ARE SCAMS.

More in depth information for each point!

1) Lenders and Servicers

The lender is the person who provides the funds in the debt - the bank who pays the school or the hospital or the home contractor fixing your sink. The servicer is the company that is your point of contact when you need to make payments, ask for payment relief, or otherwise manage the loan that exists. Think of us as the mechanic (we keep the car running) where the bank is the manufacturer (they make the car). Some different servicers are SoFi, Zuntafi, Great Lakes, Nelnet and Firstmark Services; their names will be on the billing statements. Some different banks are Citizens, US Bank, NorthStar; their names will be on the promissory note and the disclosures.

Sometimes banks do sell the debt, however! A couple years ago Wells Fargo sold an enormous chunk of their loans off somewhere (an investment group, maybe?) but! The promissory note will still be the EXACT same if your debt gets sold. You’ll only get a new promissory note if you refinance the loan yourself.

2a) Interest Accrual and Rates

Interest is how banks profit off the loans they give out and/or ‘ensure they don't end up with a loss if the loan defaults’. (It's profit.) Most, but not all, loans calculate interest with the simple daily interest formula, shown below:

[(Current loan balance) x (interest rate)] divided by 365

If your loan’s balance is $10,000 and your interest rate is 6% you’ll be charged $1.64 each day. SIMPLE INTEREST means that this interest just kind of floats around on the account until a payment comes in and pays it off, where COMPOUND adds that interest to the balance at the end of the month/day/whatever. Compound charges you more over the life of the loan.

FIXED INTEREST is a set percent that doesn't change, where VARIABLE will change usually based on whatever the economy is doing. There’s a minimum and maximum value to the variable interest rates, so if you’re doing a variable ASK WHAT THE MINS AND MAXES ARE. A fixed rate might be 8% and a variable might be 3.25% the day you take it out, but that variable could have a maximum interest rate of 25% so be VERY, VERY CAREFUL. If you get stuck in a real bad variable interest rate, your best solution is probably a refinance.

2b) Deferment and Payment Allocation

So interest is gonna be accruing on your loan from the day the money leaves the bank. Sucks. And you may not be able to make payments while you're in school, so opting to DEFER your payments will stop them from billing you so you can skip a month or whatever without penalty. At the END of that deferment, though, whatever interest that accrued will be added to your current balance. If we use the example from above (10k loan with 1.64 daily interest) four years of school will add $2,400 to your balance and then your daily interest will jump up to $2.03 a day.

Solution? Make payments of what you can while you’re in school to chip away at that floating interest. Usually when you make a payment, it’s gonna go towards the interest first and then the rest drops the balance. (E.g. if you make a $20.00 payment ten days after your loan is disbursed, $16.40 will go towards interest and $3.60 towards your 10k balance). There is NO PENALTY for making extra payments or making early payments, but it might make your bills look a little weird if you’re being billed each month for just the interest.

3) Why are these loans so horrible? Can’t I find anything to help me?

Blame Reagan and the republicans who enabled him.

No, but really. The problem with these loans is that those promissory notes are VERY legally binding and have lots of fine print in there designed to make it as hard as possible for someone to skimp out on their debt without having their credit score decimated. Some lenders might even dip into your paychecks if you're crazy behind or default; again, that's not my wheelhouse and I've only maybe seen that once. Your best bet is just to pay it off as fast as possible (again, no penalty for paying the loan off early) or refinance into better terms.

And I get it. I really do. I hate how we’ve made so many incredibly important things in our society locked behind a paywall that charges poor people more to climb than the rich. But if you’ve made it this far, please don't turn your anger at me for not giving you the answers you want. The best I can do is vote for people who are willing to crack down on predatory lending, keep fighting for student loan forgiveness… and at my own job, make sure that my coworkers aren't making mistakes.

If you have a more specific question, I can try to answer as best I can without breaking any information privacy laws. And take care, okay? You are never fighting alone.