Transform your daily workflows and OCR 12 Month Income Statement

Aug 6th, 2022
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How to OCR 12 Month Income Statement

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so lets have a session on income statements income statements are one of the key financial statements that you must know and you must know well the other one is the statement of financial position and then there are also cash flow statements so lets go through income statements the key thing to know is that income statements is the new name for what was previously called profit and loss accounts and thats probably the easier way to think about it because income statements will ultimately show for a company in a year so if theyve made over a profit or a loss and thats why theyve previously called the profit and loss accounts in terms of the profit there are actually four different types of profits of which three of them you can find on the income statements so the three that you can find on the income statements are gross profit operating profit and net profit net profit is sometimes called profit for the year its just the new international accounting standard known through the

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Ordinary Capital Resources (OCR)
Current RBA cash rate: 3.35% At its February 2023 board meeting, the Reserve Bank of Australia (RBA) raised the cash rate by 25 basis points to 3.35%. This follows a series of rate hikes each month throughout 2022, beginning from May.
T12 Meaning A trailing twelve months, T12, or TTM, is a financial statement that shows a multifamily propertys previous twelve months of operations.
The Official Cash Rate remains at 0.25 percent.
Official Cash Rate The OCR influences the price of borrowing money in New Zealand and allows us to influence the level of economic activity and inflation.
The RBNZ has already raised rates by a total of 400 basis points since October 2021. It will likely get to at least 500, with a peak of 5.25% or higher expected by mid-year by just over half of respondents, slightly below the RBNZs own projected terminal rate of 5.50%.
The Monetary Policy Committee has increased the OCR from 4.25% to 4.75%.
OCR currently at 4.75%

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