Your Worst Nightmare About which of the following elements of financial statements is not a component of comprehensive income? Come to Life
Gross income is the total amount of money you have generated with your earnings from your business, your investments, etc.
Gross income is also sometimes called net income, but we’re going to stick with gross income.
Gross income includes any money you make from selling products or services to the public, such as an operating profit, a loss, a tax loss, a tax credit, any income from interest, dividends, or other capital investments.
Gross income is the total amount of money you have generated.
Gross income is the total amount of money you have generated. Gross income is also sometimes called net income, but were going to stick with gross income. Gross income includes any money you make from selling products or services to the public, such as an operating profit, a loss, a tax loss, a tax credit, any income from interest, dividends, or other capital investments. Gross income is the total amount of money you have generated.
Income as a percentage of your assets is the total amount of money you have generated. Assets include all of your cash, stocks, bonds, and other securities and their components. Assets are the total amount of money you have generated.
The most common element of financial statements that people use is the “investment” portion of their income. This portion is the value of the investment, the amount of it that you make, the value of the assets. In a typical case, you can expect to make $100,000,000 or more annually. The amount of that investment is a fraction of the income you make.
Assets include all of the cash, stocks, bonds, and other securities that you have been able to identify. Assets are the total amount of money you have generated.
This is a simple question that can easily be answered with many examples of different investments. For instance, you can take out a stock, write it down, and multiply it by ten. In other words, you can expect to make 100,000,000,000 or more annually.
Or you can take out a bond, write it down, and multiply it by ten. In other words, you can expect to make 1,000,000,000,000 or more annually.