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1 Earnings Multiple Approach | Personal Finance
http://www.openlearningworld.com/Personal_Finance/Personal_Finance_Course_File_732b.html
With the earnings multiple approach, the goal of having life insurance is earnings replacement. This approach has the goal of replacing the annual salary ...
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2 Multiples Approach Definition - Investopedia
https://www.investopedia.com/terms/m/multiplesapproach.asp
The multiples approach is a valuation theory based on the idea that similar assets sell at similar prices.
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3 Multiple of Earnings Valuation Benefits and Explanation
https://ibbdallas.com/multiple-of-earnings-valuation/
The multiple of earnings is a valuation method whereby the value of a company is expressed through the use of a multiple applied to the ...
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4 How are valuation multiples calculated?
https://www.businessvaluations.net/blog/how-are-valuation-multiples-calculated
Multiples represent a certain expected amount of income per year. If a company has a multiple of 3x, it means that a buyer is willing to pay ...
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5 Solved The "multiples-of-salary" method of estimating the
https://www.chegg.com/homework-help/questions-and-answers/multiples-salary-method-estimating-amount-family-s-insurance-needs-select-one-o--rule-thum-q89542225
Question: The "multiples-of-salary" method of estimating the amount of a family's insurance needs is Select one: O a. a rule of thumb method that determines ...
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6 Multiples of Earnings Business Valuation Method - The Balance
https://www.thebalancemoney.com/multiples-of-earnings-business-valuation-method-398348
A multiple is a way to measure one element of the financial status of a company by comparing two metrics (relevant numbers). Because businesses ...
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7 Valuation Multiples: Formula and Ratio Calculation
https://www.wallstreetprep.com/knowledge/valuation-multiples/
A Valuation Multiple is a ratio that reflects a company's valuation in ... Conversely, if the numerator is equity value, metrics such as net income, ...
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8 Earnings Multiples for Small Business
https://howtoplanandsellabusiness.com/how-to-value-a-business/earnings-multiples-for-small-business/
Depending on their size, businesses are valued based on a multiple of earnings. But which earnings number is utilized? The earnings multiple for a small ...
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9 Life Insurance Needs: Rules of Thumb - Wickham Services
https://www.wickhamservices.com/wp-content/uploads/2014/05/Life-Insurance-needs.pdf
When considering term insurance, the percentage of income allocated for premiums is often calculated at 2 percent or 3 percent. • Multiples of Salary Method-- ...
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10 Multiple of Coverage and Compensation Calculation Method ...
https://docs.oracle.com/en/cloud/saas/human-resources/22d/faibf/multiple-of-coverage-and-compensation-calculation-method-example.html
The calculation method and other settings defined for a rate determine how and when the rate is calculated. For example, the rate might be calculated prior ...
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11 How do you pay employees with multiple pay rates? - ADP
https://www.adp.com/resources/articles-and-insights/articles/h/how-do-you-pay-employees-with-multiple-pay-rates.aspx
An hourly employee who performs more than one job for the same employer may earn multiple pay rates. For example, a restaurant worker may make one hourly ...
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12 Methods of Calculating Income
https://workforce.org/sites/default/files/att_-_methods_of_calculating_income.pdf
... intake staff should obtain as many multiple pay stubs as needed and available to accurately calculate family income. 1. STRAIGHT PAY OR SALARY METHOD.
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13 Salary Structures: Creating Competitive and Equitable Pay ...
https://www.shrm.org/resourcesandtools/hr-topics/compensation/pages/salarystructures.aspx
Fifty percent of companies with salary range structures have multiple structures varying by job and/or geographic location. There is a strong correlation ...
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14 SDE vs EBITDA: What's the Difference?
https://www.midstreet.com/blog/sde-vs-ebitda
Net Income + Interest Expense + Depreciation Expense + Amortization ... and your business will be valued on a multiple of adjusted EBITDA.
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15 Insurance Adviser - How the multiple of salary method ... - Facebook
https://fi-fi.facebook.com/TruePrideAU/videos/how-the-multiple-of-salary-method-works/881359052240143/
Have you used the multiple of salary method the calculate how much insurance you need? - Barefoot suggests using 10-12 times your income for determining...
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16 How To Calculate Gross Pay (With Formulas and Examples)
https://www.indeed.com/career-advice/career-development/how-to-calculate-gross-pay
To calculate gross pay for a salaried employee, take their total annual salary and divide it by the number of pay periods within the year. If a business pays ...
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17 Life Insurance Needs: Income Replacement Approach
https://www.henssler.com/life-insurance-needs-income-replacement-approach/
Under the plan, the employer matches employee contributions at a rate of 50 percent. If the insured contributes 6 percent of income to the plan, or $3,600, then ...
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18 What Factors Determine the “Multiple” of Earnings?
https://corpinvest.com/what-factors-determine-the-multiple-of-earnings/
A multiple of earnings is a valuation method whereby the value of a company is expressed through the use of a multiple applied to the Company's earnings.
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19 Wages - L&I
https://lni.wa.gov/insurance/_docs/CAGWages.pdf
Use this method when the employee earns a fixed monthly salary. Example: ... This method is for use when there are multiple rates of pay.
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20 Multiple Regression: A Method for Upgrading Salary Surveys
https://journals.sagepub.com/doi/abs/10.1177/088636878401600304
To enhance the quality and accuracy of salary survey methods, the author suggests using multiple regression procedures that combine sophisticated ...
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21 How You Can Conduct a Salary Comparison
https://www.salary.com/blog/how-you-can-conduct-a-salary-comparison/
Once you have identified a strong job match, you can use a similar salary comparison method to compare the prices for your job across multiple ...
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22 4 Ways to Calculate Annual Salary - wikiHow
https://www.wikihow.com/Calculate-Annual-Salary
› ... › Salaries and Wages
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23 20 Passive Income Ideas To Help You Make Money In 2022
https://www.bankrate.com/investing/passive-income-ideas/
Passive income can be a great way to generate extra cash flow, and the economic upheaval caused by inflation shows the value of multiple ...
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24 How to Calculate a Raise | Formulas, 2022 Averages, and More
https://www.patriotsoftware.com/blog/payroll/how-calculate-employee-raise-percentage-salary/
To figure out how much the raise increases the employee's weekly or biweekly gross pay, you can divide the annual salary by 52 (weekly), 26 ( ...
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25 EBITDA Multiple - Formula, Calculator, and Use in Valuation
https://corporatefinanceinstitute.com/resources/valuation/ebitda-multiple/
Bottom-Up Method: Net Income; Plus: Taxes; Plus: Interest; Plus: Depreciation & Amortization; Plus: Any adjustments that may be justified by an ...
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26 How to Pay Off Debt Faster - Wells Fargo
https://www.wellsfargo.com/goals-credit/smarter-credit/manage-your-debt/pay-off-debt-faster/
Pay more than the minimum. · Pay more than once a month. · Pay off your most expensive loan first. · Consider the snowball method of paying off debt. · Keep track ...
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27 5 Simple Steps to Valuing Your Small Business
https://www.business.com/articles/four-simple-steps-to-valuing-your-small-business/
“The two most common methods are the multiples method – or comp method ... A business is not valued based on its income for a single year.
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28 B3-3.5-01, Income and Employment Documentation for DU ...
https://selling-guide.fanniemae.com/Selling-Guide/Origination-thru-Closing/Subpart-B3-Underwriting-Borrowers/Chapter-B3-3-Income-Assessment/Section-B3-3-5-DU-Requirements-for-Income-Assessment/1032994291/B3-3-5-01-Income-and-Employment-Documentation-for-DU-08-07-2019.htm
Secondary Employment Income (Second Job and Multiple Jobs) ... and Seasonal Income, and B5-6-02, HomeReady Mortgage Underwriting Methods and ...
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29 The multiples-of-salary, income replacement, and needs ...
https://www.coursehero.com/tutors-problems/Financial-Accounting/32389335-The-multiples-of-salary-income-replacement-and-needs-analysis/
There are three common ways to determine a client's life insurance needs: Multiple-of-income approach, human life value approach, and capital needs analysis ...
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30 Quarterly Census of Employment and Wages
https://www.bls.gov/cew/
› cew
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31 How to Pay Remote Workers in Multiple Countries
https://velocityglobal.com/blog/how-to-pay-remote-workers-in-multiple-countries/
Failure to follow local country labor requirements and process compliant payroll can result in penalties, fines, and difficulty hiring ...
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32 Compensation Packages That Actually Drive Performance
https://hbr.org/2021/01/compensation-packages-that-actually-drive-performance
In this article we'll describe how firms approach executive compensation and ... These plans tend to incorporate multiple metrics; 76% have at least two.
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33 Salary Benchmarking Guide: Best Practices, Tips and ...
https://www.netsuite.com/portal/resource/articles/erp/salary-benchmarking.shtml
The process shows the average or market salary for each job. ... time-consuming to manually compile and analyze data from multiple sources.
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34 Salary Adjustments for State Agency Employees - FMX
https://fmx.cpa.texas.gov/fm/pubs/paypol/general_provisions2/index.php?section=salary_adjust&page=salary_adjust
A promotion is not a way to reward an employee's longevity or loyalty to the agency. ... An agency may authorize multiple salary reduction actions.
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35 82- Creating a Market Competitive Salary Structure - Quizlet
https://quizlet.com/485886318/82-creating-a-market-competitive-salary-structure-flash-cards/
Using this method, the number of salary grades is obtained by determining a set distance between the midpoints of adjoining grades. In the figure below, 10% is ...
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36 How to Use Compa-Ratios to Guide Compensation Decisions
https://www.cupahr.org/blog/simple-metrics-how-to-use-compa-ratios-to-guide-compensation-decisions/
A compa-ratio divides an individual's pay rate by the midpoint of a predetermined salary range. A compa-ratio of 1.0 means that the employee is ...
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37 The Importance of the EBITDA Calculation in Business Valuation
https://windes.com/the-importance-of-the-ebitda-calculation-in-business-valuation/
Think of it as a recasting process that starts with net profit. The owner's salary and noncash profits are then added to the net profit.
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38 How much life insurance do you need? | Guardian
https://www.guardianlife.com/life-insurance/how-much-life-insurance-do-you-need
Based on the value of your future earnings, a simple way to estimate this is to get 30X your income between the ages of 18 and 40; 20X income for age 41-50; ...
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39 Publication 505 (2022), Tax Withholding and Estimated Tax
https://www.irs.gov/publications/p505
Annualized Income Installment Method ... You or your spouse start another job, and you chose to use the Multiple Jobs Worksheet or the Tax Withholding ...
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40 What Is an S Corp “Reasonable Salary”? How to Pay Yourself ...
https://www.collective.com/blog/money-management/freelancers-guide-to-paying-yourself-a-salary-from-an-s-corporation/
Salary stats. What if you wear multiple hats? Making adjustments to figure out your ideal salary. What about the S Corp 60/40 rule? S Corp salary examples.
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41 Hourly employee pay rates and custom earning types
https://support.gusto.com/article/106622082100000/Hourly-employee-pay-rates-and-custom-earning-types
› article › Hourly-employee-...
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42 Practical Guidelines for Pricing Hybrid Jobs - Payscale
https://www.payscale.com/compensation-trends/pricing-hybrid-jobs/
This method would start by bench-marking each job separately then blending the market data to create a composite. If the position has clear ...
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43 Wages and Working Time Statistics (COND) - ILOSTAT
https://ilostat.ilo.org/resources/concepts-and-definitions/description-wages-and-working-time-statistics/
Hourly earnings are multiplied by actual weekly hours worked, if available, for each gender for monthly earnings and for both sexes for monthly minimum wages, ...
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44 Multiple regression analysis is a statistical technique widely ac
http://heinonline.org/hol-cgi-bin/get_pdf.cgi?handle=hein.journals/unilllr1982§ion=28
Finally, the note suggests how employers can use multiple regression to monitor internal salary discrepancies. II. CURRENT METHODS OF CALCULATING BACK PAY.
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45 How to Calculate Annual Salary to a Weekly Wage
https://smallbusiness.chron.com/calculate-annual-salary-weekly-wage-20123.html
You may have hired the employee on the basis of an hourly or weekly wage, but now need to know what the annual payroll will be.
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46 Income-Driven Repayment Plans - Federal Student Aid
https://studentaid.gov/manage-loans/repayment/plans/income-driven
Generally 10 percent of your discretionary income. PAYE Plan. Generally 10 percent of your discretionary income, but never more than the 10-year Standard ...
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47 Current Employees - Compensation - Salary - UGA HR
https://hr.uga.edu/Current_Employees/Compensation/salary/
The original UGA Comprehensive Pay Plan is on file in Human Resources. ... increased minimum hiring and hourly rates on multiple occasions in recent years.
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48 Salary and Income Multiples for Mortgages
https://www.clever-mortgages.co.uk/salary-and-income-multiples-for-mortgages/
If you're thinking about applying for a mortgage, you may already have come across lots of terms you're going to become familiar with along the way. One such ...
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49 What is compensation management? - HiBob
https://www.hibob.com/hr-glossary/compensation-management-planning/
Compensation management planning is the process of managing, analyzing, ... The alternative is a platform solution like an HRIS which offers multiple ...
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50 PPSM-30: Compensation - policies | UCOP
https://policy.ucop.edu/doc/4010400/PPSM-30
University of California – Policy PPSM-30. PPSM-30: Compensation. 9 of 26. While it is permissible for employees to hold appointments at multiple locations, ...
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51 Business Procedures Manual | 5.3 Employee Pay
https://www.usg.edu/business_procedures_manual/section5/C1235/
1.1 of the BOR Policy Manual, states that “electronic funds transfer is the required method of payroll payments to employees”. All employees are required to be ...
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52 Using multiple salary calculation methods to motivate teachers
https://www.schooltracs.com/blog/salary_rule/
To motivate your staff to pursue better performance, you may develop commission schemes. Calculating salary easier, SchoolTracs payroll system can support ...
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53 Valuation using Multiples - YouTube
https://www.youtube.com/watch?v=Q3w3IqgC8sY
Apr 22, 2015
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54 Fact Sheet #30: The Federal Wage Garnishment Law ...
https://www.dol.gov/agencies/whd/fact-sheets/30-cppa
A wage garnishment is any legal or equitable procedure through which some portion of ... When pay periods cover more than one week, multiples of the weekly ...
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55 About payments profiles - Google Ads Help
https://support.google.com/google-ads/answer/7268503?hl=en
What you pay with: Stored payment methods used to pay for advertising costs. ... that you can manage billing and payments for multiple Google Ads accounts.
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56 How to Value a Small Business If You're Looking to Sell
https://www.nerdwallet.com/article/small-business/how-to-value-a-small-business
Your particular business's SDE multiple will vary based on market ... The income approach to business valuation determines the amount of ...
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57 How Much Life Insurance Do You Need? – Forbes Advisor
https://www.forbes.com/advisor/life-insurance/how-much-life-insurance-do-you-really-need/
Other Methods for Calculating Life Insurance Needs · Multiply Your Income by 10 · Multiple your income by 10, and add $100,000 per child for ...
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58 Payroll Calculations
https://payroll.ku.edu/payroll-calculations
Overtime pay must be calculated separately for each standardized work period. Non-exempt employees who are employed in multiple positions and whose total ...
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59 UW–Madison Salary Administration Guidelines
https://hr.wisc.edu/docs/salary-administration-guidelines.pdf
A pay approach where an employee may receive an increase to their salary ... important to consider multiple factors along with the incumbent's current ...
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60 Korn Ferry Pay - Compensation Management Software
https://www.kornferry.com/capabilities/intelligence-cloud-hr-platform/korn-ferry-pay
Examine trends and explore insights for a role, industry, or market in the way that you want to see data presented. Access compensation surveys, slice and ...
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61 The Great Resignation: Why workers say they quit jobs in 2021
https://www.pewresearch.org/fact-tank/2022/03/09/majority-of-workers-who-quit-a-job-in-2021-cite-low-pay-no-opportunities-for-advancement-feeling-disrespected/
Workers who quit a job in 2021 say low pay (63%), ... losses in the early months of the pandemic gave way to tight labor markets in 2021, ...
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62 Pooling Multiple Case Studies Using Synthetic Controls
https://ftp.iza.org/dp8944.pdf
Pooling Multiple Case Studies Using Synthetic Controls: An Application to Minimum Wage Policies. *. We propose a simple, distribution-free method for ...
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63 Benefit Rates - Compensation
https://www.benefits.va.gov/compensation/rates-index.asp
If VA finds that a Veteran has multiple disabilities, VA uses the Combined ... This process continues for subsequent disabilities and the final number is ...
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64 How do I calculate annualised, full-time base salary and total ...
https://client-portal.wgea.gov.au/s/article/How-do-I-calculate-annualised-full-time-base-salary-and-total-remuneration
Example: Ali's day rate is $300. A full-time employee in Ali's organisation works 5 days a week. If we multiple their day rate ($300) by 5, we get $1,500.
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65 How Many Times Your Salary Can You Borrow for a Mortgage?
https://www.onlinemortgageadvisor.co.uk/mortgage-affordability/how-many-times-wage-borrow-mortgage/
Mortgage lenders each have their own method of calculating your affordability, with many applying a multiple of your income to determine the ...
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66 Add or change pay types - QuickBooks - Intuit
https://quickbooks.intuit.com/learn-support/en-us/help-article/payroll-setup/add-change-pay-types-online-payroll/L3SaMIXyY_US_en_US
On top of your employee's regular salary or hourly rate, you can also add multiple hourly rate/wage, bonus, commission, overtime, ...
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67 How to Create a Desirable Compensation Plan
https://www.businessnewsdaily.com/15831-create-compensation-plan.html
Salary is the most common method of direct compensation for exempt employees. ... Issue this messaging in multiple languages if not all your employees speak ...
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68 A Multiple Objective Programming Approach ... - ResearchGate
https://www.researchgate.net/publication/4869980_A_Multiple_Objective_Programming_Approach_for_Determining_Faculty_Salary_Equity_Adjustments
A multiple objective programming approach is proposed as a new analytical tool to fit a model which is used to project faculty salaries.
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69 How to Prioritize When You Pay Off Multiple Student Loans at ...
https://studentloanhero.com/featured/which-student-loans-should-you-pay-off-first/
Is there a 'best way' to pay off multiple student loans? · 1. Start by taking inventory · 2. Make repaying private student loans a priority · 3.
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70 Payroll Formula - Step by Step Calculation with Examples
https://www.wallstreetmojo.com/payroll-formula/
There are multiple types of employee and for that different technique of payrollPayrollPayroll refers to the overall compensation payable by any organization to ...
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71 Payroll – Statewide Salary Tables and Mass Step Increases
https://education.ky.gov/districts/Documents/Salary%20Tables%20and%20Mass%20Step%20Increases.pdf
If multiple Salary Tables exist for the Group/BU and Grade/Rank ... This method is recommended when creating salary tables for a.
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72 The Compensation Calculator - GitLab
https://about.gitlab.com/handbook/total-rewards/compensation/compensation-calculator/
Efficient - There's no need to have multiple back-and-forth conversations ... The Compensation Calculator allows us to take a data-driven approach to ...
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73 Single or Multiple Salary Structures? - People Centre
https://peoplecentre.wordpress.com/2015/10/14/single-or-multiple-salary-structures/
The size of the organization. · Diversity of the jobs in terms of functional areas and job levels. · Diversity in the way job grades are ...
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74 7 Different Types of Income Streams | Penta Online Banking
https://getpenta.com/en/blog/7-different-types-of-income-streams/
A simple fact. Many small businesses have a single income stream, such as an electrician or plumber. Having multiple streams of income is a good way of ...
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75 21 Side Hustle Ideas to Make More Money - Acorns
https://www.acorns.com/learn/earning/side-hustles/
One photo can sell to multiple clients, so your photos can become passive sources of income. On Foap, you get 50% of the profit for each photo ...
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76 A multiple objective programming approach for determining ...
https://www.sciencedirect.com/science/article/pii/S037722170100248X
A multiple objective programming approach is proposed as a new analytical tool to fit a model which is used to project faculty salaries.
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77 How Small Business Owners Should Pay Themselves
https://www.lendingtree.com/business/how-small-business-owners-should-pay-themselves/
Some business types are required to use the salary method, while others may ... LLCs with multiple members are treated as a partnership, ...
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78 Indexing Factors for Earnings - Social Security
https://www.ssa.gov/oact/cola/awifactors.html
When we compute a person's benefit, we use the national average wage indexing series to index that person's earnings. Such indexation ensures that a ...
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79 Rounding of values - how it works - Payroll Support (AU)
https://support.yourpayroll.com.au/hc/en-au/articles/360000402516-Rounding-of-values-how-it-works
The Detailed Activity Report (DAR), Pay Categories Report round each earnings line individually - as per the pay run journal method, using ...
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80 A Guide to Compensation Analysis - AIHR
https://www.aihr.com/blog/compensation-analysis/
In this way, you're able to create a consistent experience for employees, irrespective of their department, role, or location. Multiple channels – Even though ...
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81 Pay Compression: What It Is And How To Fight It - Insperity
https://www.insperity.com/blog/pay-compression/
Creating confusing job families can also play a contributing role. If one job family has multiple levels of a job function with different roles and ...
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82 Salary and Publications Example (Cohen & Cohen, Table 3
http://web.pdx.edu/~newsomj/mvclass/ho_salary%20simultaneous.pdf
Dependent Variable: SALARY annual salary in dollars b. Page 3. Newsom. Psy 522/622 Multiple Regression and Multivariate Quantitative Methods, Winter 2021.
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83 2 CFR § 200.430 - Compensation - personal services.
https://www.law.cornell.edu/cfr/text/2/200.430
Compensation for personal services may also include fringe benefits which are ... based on documentation that describes the method of charging costs, ...
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84 Define compensation process and calculate results
https://learn.microsoft.com/en-us/dynamics365/human-resources/hr-compensation-define-process
Compensation processes can be run multiple times to perform "what-if" analysis, to verify all changes and settings are correct.
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85 Employers FAQs - Kansas Department Of Labor
https://www.dol.ks.gov/employers-faqs
If I submit my wage detail using the file upload, do I have to submit my payment the same way? No. You can submit payments multiple ways. The file upload is ...
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86 How many times my salary can I borrow for a mortgage?
https://themortgagereports.com/67364/how-much-mortgage-can-i-afford-on-my-salary
But mortgage lenders don't think that way. And that's because income is only one small part of the mortgage equation.
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87 Multiple of Earnings – Business Valuation Method - LinkedIn
https://www.linkedin.com/pulse/20140707193530-13834583-multiple-of-earnings-business-valuation-method
Applying the Multiple of Earnings we get. $1,200,000 x 4 = a likely selling price of $4,800,000. Business Brokers often prefer to offer a range ...
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88 How to pay | Twin Cities One Stop Student Services
https://onestop.umn.edu/finances/billing-and-payment/how-pay
If you enroll in classes on more than one University of Minnesota campus, you'll have separate billing, due dates, and payments for each campus. Payment methods.
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89 Colorado Issues New Rules Governing Employee ...
https://www.foxrothschild.com/publications/colorado-issues-new-rules-governing-employee-compensation-for-2022
Under this method, all wages earned performing each job are added ... Regular Rate Calculation for Employees With Multiple Hourly Pay Rates.
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90 Salaries & Wages - Financial Statement Impacts - Modano
https://www.modano.com/resources/modules_reference_guide/salaries_wages/financial_statement_impacts
The salaries & wages module calculates the salaries (or 'wages' depending on company or labor-specific terminology) costs for a designated number of payroll ...
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91 Examples of how to calculate your employees' wages - GOV.UK
https://www.gov.uk/government/publications/find-examples-to-help-you-work-out-80-of-your-employees-wages/examples-of-how-to-work-out-80-of-your-employees-wages-national-insurance-contributions-and-pension-contributions
Employee has a 4-week pay period which is from 20 May 2021 to 16 June 2021. ... (for example to align claim periods when claiming for multiple employees).
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92 How to make salary payments to employees in minutes | Open
https://open.money/blog/how-to-make-salary-payments-to-employees-in-minutes/
It gets a lot more complicated. There's an added prerequisite of filling up 18-20 fields to process every individual employee payroll. Now think ...
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93 Pay rises and salary increases - BusinessBalls
https://www.businessballs.com/careers-advice/pay-rises-and-salary-increases/
Free tips and help asking for a pay rise, salary raise, pay negotiations, and handling requests for pay increases, plus more free techniques and theories ...
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94 7 Ways to Make Extra Income Even With a Full-Time Job
https://www.entrepreneur.com/money-finance/7-ways-to-make-extra-income-even-with-a-full-time-job/299326
Commercial real estate can be a great side hustle and lucrative way to invest and earn passive income, even without a large down payment. Get started with a ...
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95 Workday Compensation
https://www.workday.com/content/dam/web/uk/documents/datasheets/datasheet-compensation-uk.pdf
Easily combine multiple plans, grades, and compensation basis to create ... and promotions as part of the compensation process. In.
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96 How to Create a Multi-Step Income Statement - FreshBooks
https://www.freshbooks.com/hub/accounting/multi-step-income-statement
Multi-step income statements, on the other hand, use multiple equations to ... you need to use for this method of calculating net income.
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