Ethiopia has had a woman president the past 4.35 years, along with 41.3% incumbent woman parliamentarians and 40.9% women ministers. This results in a closing 43.1% of the gender gap on the Political Empowerment subindex, almost triple its score since a decade back (14.6% in 2013). By contrast, on Educational Attainment, though parity across the indicators is gradually 6 tax tips for startups improving, Ethiopia has one of the lowest parity levels globally (135th) at 85.4%. After some fluctuations, parity on Economic Participation and Opportunity is also low, at 58.7%. Labour-force participation parity is at 72.7% and women earn 66.1% of men’s estimated earned income. Only 25.4% of senior officers and 34.3% of technical positions are held by women.
Progress towards parity has been stagnating for over a decade and the region registers a 0.2 percentage-point decline since the last edition. While 11 out of 19 countries improve, one stays the same and eight (including China, the world’s second-most populous country) recede on the overall index. New Zealand, the Philippines and Australia have the highest parity at the regional level, with Australia and New Zealand also being the two most-improved economies in the region. On the other hand, Fiji, Myanmar and Japan are at the bottom of the list, with Fiji, Myanmar and Timor-Leste registering the highest declines. At the current rate of progress, it will take 189 years for the region to reach gender parity.
Important Profitability Ratios
It realized net gains of $2,000 from the sale of an old van, and it incurred losses worth $800 for settling a dispute raised by a consumer. The above example is the simplest form of income statement that any standard business can generate. It is called the single-step income statement as it is based on a simple calculation that sums up revenue and gains and subtracts expenses and losses. The income statement is one of the most important financial statements because it details a company’s income and expenses over a specific period. This document communicates a wealth of information to those reading it—from key executives and stakeholders to investors and employees. Being able to read an income statement is important, but knowing how to generate one is just as critical.
EBITDA is not normally included in the income statement of a company because it is not a metric accepted by Generally Accepted Accounting Principles (GAAP) as a measure of financial performance. However, EBITDA can be calculated using the information from the income statement. The single-step income statement lumps together all of XYZ Corporation’s revenues and gains and these amounted to $94,000. A single-step income statement is useful when your business does not have complex operations or only needs a simple statement that could report the net income of a business. Revenue is the top-line of the income statement and represents the company’s income from sales of goods or services before subtracting any kind of expenses.
Step 1 of 3
In the last five years, New Zealand has gained more than 5 percentage points to close 85.6% of the overall gender gap, ranking 4th globally in 2023. With parity in parliamentary positions, and a female head of state for 16 of the last 50 years, New Zealand has the world’s third-highest level of parity on Political Empowerment. New Zealand has bridged the gender divide in enrolment across all levels of education and literacy rate. In terms of Economic Participation https://simple-accounting.org/best-practice-to-hire-or-outsource-for-nonprofit/ and Opportunity (73.2%), there remains a 12.5% gender gap in labour-force participation. Estimated earned incomes of both men and women have been increasing since 2006, but men’s income increased at a higher rate than that of women, worsening the gap (score 64.2%) by 4 percentage points since. On Health and Survival, women have lost three years of healthy life expectancy since the 2020 edition, reducing parity on the subindex (score 96.6%).
All four countries have bettered their sex ratios at birth, with Pakistan and India making the most improvement. No country except Sri Lanka has attained full parity in healthy life expectancy. North America has achieved the highest gender parity score among all regions, 77.6%, on the Economic Participation and Opportunity subindex.
Cost Of Goods Sold (COGS)
This type of analysis makes it simple to compare financial statements across periods and industries, and between companies, because you can see relative proportions. An income statement is one of the most common, and critical, of the financial statements you’re likely to encounter. An income statement can help business owners identify areas where they are making profits and losing money.
