Hire Offshore Programmers
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With offshore software development centers in California, United States and in Chennai, India our outsourcing company consists of Indian software ...
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![Hire Offshore Programmers to receive various benefits<br />Indian Programmers hardly lack technical knowledge and Indian Offshore Outsourcing Companies hire talents who are only employable in terms of possessing the right blend of technical as well as other skills. Only those who understand different working cultures and have an ability to relate to various cultural and geographical backgrounds are called Employable.<br />Almost all of the Indian Programmers have taken formal education that is required to be a programmer. Educational Institutions have been churning out professionals year after year who have gathered necessary acumen as they start to gain a foothold in the IT industry. Listed below are some of the skills of the Indian Programmers:<br />,[object Object]](https://image.slidesharecdn.com/hireoffshoreprogrammers-100624060618-phpapp02/85/Hire-Offshore-Programmers-1-320.jpg)
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Income statement definition
An income statement is a financial statement that reports a company's financial performance over a specific accounting period. It is one of the three important financial statements used for reporting a company’s financial performance, the other two being the balance sheet and the cash flow statement. The income statement focuses on the revenue, and expenses reported by a company during a particular period. It provides valuable insights into a company’s operations, the efficiency of its management, underperforming sectors, and its performance relative to industry peers.
The income statement is also known as the profit and loss (P&L) statement or the statement of revenue and expense. It starts with the details of sales and then works down to compute net income and eventually earnings per share (EPS). The income statement does not differentiate between cash and non-cash receipts (sales in cash vs. sales on credit) or cash vs. non-cash payments/disbursements (purchases in cash vs. purchases on credit).
Key income statement items
Revenue is the total amount of money a company earns from its operations, usually from the sale of goods or services. For example, a car manufacturer’s revenue would be the total amount of money it earns from selling cars.
Cost of Goods Sold (COGS) represents the direct costs associated with producing or delivering the goods or services sold by a company. In the auto industry, COGS would include the cost of raw materials, labor, and other expenses directly related to manufacturing vehicles.
Gross Profit is calculated by subtracting the COGS from the revenue.
Selling, General, and Administrative (SG&A) expenses represents the costs associated with a company's non-production activities, such as sales, marketing, and administrative functions. In the auto industry, SG&A expenses would include salaries of sales personnel, advertising expenses, rent for office spaces, and other costs related to running the business.
Depreciation & Amortization: Depreciation refers to the systematic allocation of the cost of a tangible asset over its useful life. Amortization, on the other hand, is the process of spreading out the cost of an intangible asset over its useful life. In the auto industry, depreciation and amortization expenses would include the depreciation of manufacturing equipment, vehicles, and amortization of patents or trademarks.
Interest Expenses represents the costs associated with borrowing money or using credit facilities. Interest expenses are incurred when a company has outstanding debt or loans. In the auto industry, interest expenses would include interest paid on loans used to finance manufacturing facilities or purchase equipment.
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Income statement definition
An income statement is a financial statement that reports a company's financial performance over a specific accounting period. It is one of the three important financial statements used for reporting a company’s financial performance, the other two being the balance sheet and the cash flow statement. The income statement focuses on the revenue, and expenses reported by a company during a particular period. It provides valuable insights into a company’s operations, the efficiency of its management, underperforming sectors, and its performance relative to industry peers.
The income statement is also known as the profit and loss (P&L) statement or the statement of revenue and expense. It starts with the details of sales and then works down to compute net income and eventually earnings per share (EPS). The income statement does not differentiate between cash and non-cash receipts (sales in cash vs. sales on credit) or cash vs. non-cash payments/disbursements (purchases in cash vs. purchases on credit).
Key income statement items
Revenue is the total amount of money a company earns from its operations, usually from the sale of goods or services. For example, a car manufacturer’s revenue would be the total amount of money it earns from selling cars.
Cost of Goods Sold (COGS) represents the direct costs associated with producing or delivering the goods or services sold by a company. In the auto industry, COGS would include the cost of raw materials, labor, and other expenses directly related to manufacturing vehicles.
Gross Profit is calculated by subtracting the COGS from the revenue.
Selling, General, and Administrative (SG&A) expenses represents the costs associated with a company's non-production activities, such as sales, marketing, and administrative functions. In the auto industry, SG&A expenses would include salaries of sales personnel, advertising expenses, rent for office spaces, and other costs related to running the business.
Depreciation & Amortization: Depreciation refers to the systematic allocation of the cost of a tangible asset over its useful life. Amortization, on the other hand, is the process of spreading out the cost of an intangible asset over its useful life. In the auto industry, depreciation and amortization expenses would include the depreciation of manufacturing equipment, vehicles, and amortization of patents or trademarks.
Interest Expenses represents the costs associated with borrowing money or using credit facilities. Interest expenses are incurred when a company has outstanding debt or loans. In the auto industry, interest expenses would include interest paid on loans used to finance manufacturing facilities or purchase equipment.
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Hire Offshore Programmers
- 3. Sufficient amount of creativity in both solving problems and generating new ideas.
- 4. Innovative approach towards work and accomplishment of work.
- 5. Simplification of processes and programs.
- 6. Making new programs and software user-friendly.
- 7. Proper Execution of plans, work and ideas.
- 8. Cost effectiveness and efficiency.The year 2009 alone saw 2,200,000 people working in the IT and ITES Sector in India. The figures had slowed down due to the 2008-2009 recession which led to a huge precaution on the part of service buyers and clients to buy more of services. But once, when things start to look positive, more and more of clients will be hiring offshore programmers.<br />The current single digit growth of the IT sector is expected to boom again to a double digit growth. Even during recession, hiring Offshore Programmers is of great use in reducing the costs.<br />Securenext software is an offshore outsourcing company running offshore software development centers in India, Chennai and in Clovis, California, USA. You can hire developers offshore Indian Programmers for PHP, NET, Rails, open on an hourly, part-time or full-time basis at competitive pricing with Money-back guaranteed.<br />You can contact through e-mail: info@securenext.com or toll free: 800-511-5540 <br />