Pretax earnings or profits

Net income before federal income taxes are subtracted.

Pretax Earnings or Profits

A company's total revenue less its operating expenses, interest paid, and depreciation, but not taxes. For example, a widget manufacturer earns $1,000,000 in total revenue. The widgets cost $200,000 to make and his administrative and payroll expenses total $250,000. He also must subtract $50,000 in depreciation on his widget manufacturing equipment. His net income is stated as: $1,000,000 - $200,000 - $250,000 - $50,000 = $500,000. It is important to note, however, that this number does not include any taxes that the widget manufacturer must pay that year; this fact is what differentiates pretax earnings or profits from net income.

单词	pretax earnings or profits
释义	Pretax earnings or profits Pretax earnings or profits Net income before federal income taxes are subtracted. Pretax Earnings or Profits A company's total revenue less its operating expenses, interest paid, and depreciation, but not taxes. For example, a widget manufacturer earns $1,000,000 in total revenue. The widgets cost $200,000 to make and his administrative and payroll expenses total $250,000. He also must subtract $50,000 in depreciation on his widget manufacturing equipment. His net income is stated as: $1,000,000 - $200,000 - $250,000 - $50,000 = $500,000. It is important to note, however, that this number does not include any taxes that the widget manufacturer must pay that year; this fact is what differentiates pretax earnings or profits from net income.
随便看	mtsq mtsr mtsrc mtsrf mtss mtssa organization cost center record organization date organization de la jeunesse progressive organization de resistance de l'armée organization design and management organization designated airworthiness representatives organization development organization development and human resources management organization development and knowledge management organization development and strategic human resources organization development center of cambodia organization development certificate program organization development certified consultant organization development consultancy organization development consultants organization development consulting and training organization development & effectiveness organization development journal organization development management