Earned Wage Income
Earning can refer to: * Labour (economics) *Earnings of a company *Merit Merit may refer to: Religion * Merit (Christianity) * Merit (Buddhism) * Punya (Hinduism) * Imputed righteousness in Reformed Christianity Companies and brands * Merit (cigarette), a brand of cigarettes made by Altria * Merit Energy Company, ... {{disambig ...
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Earnings
Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due. For an analysis of specific aspects of corporate operations several more specific terms are used as EBIT (earnings before interest and taxes) and EBITDA (earnings before interest, taxes, depreciation, and amortization). Many alternative terms for earnings are in common use, such as income and profit. These terms in turn have a variety of definitions, depending on their context and the objectives of the authors. For instance, the IRS uses the term profit to describe earnings, whereas for the corporation the profit it reports is the amount left after taxes are taken out. Non-routine earnings The use of intellectual property generates non-routine profits. Those are often an order-of-magnitude greater than routine earnings.John Hand and Baruch Lev (editors): Intangible Assets, Values, Measures. and Risks; Oxford University Press, 2003. Non-routine profits are essenti ...
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