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2. Personal budget - Wikipedia

   en.wikipedia.org/wiki/Personal_budget

   The 50/30/20 budget is a simple plan that sorts personal expenses into three categories: "needs" (basic necessities), "wants", and savings. 50% of one's net income then goes towards needs, 30% towards wants, and 20% towards savings. [4]

3. Trailing twelve months - Wikipedia

   en.wikipedia.org/wiki/Trailing_twelve_months

   Trailing twelve months ( TTM) is a measurement of a company's financial performance (income and expenses) used in finance. It is measured by using the income statements from a company's reports (such as interim, quarterly or annual reports), to calculate the income for the twelve-month period immediately prior to the date of the report.

4. Debt service coverage ratio - Wikipedia

   en.wikipedia.org/wiki/Debt_service_coverage_ratio

   The debt service coverage ratio ( DSCR ), also known as "debt coverage ratio" (DCR), is a financial metric used to assess an entity's ability to generate enough cash to cover its debt service obligations, such as interest, principal, and lease payments. The DSCR is calculated by dividing the operating income by the total amount of debt service due.

5. Standard deduction - Wikipedia

   en.wikipedia.org/wiki/Standard_deduction

   Standard deduction. Under United States tax law, the standard deduction is a dollar amount that non- itemizers may subtract from their income before income tax (but not other kinds of tax, such as payroll tax) is applied. Taxpayers may choose either itemized deductions or the standard deduction, [ 1] but usually choose whichever results in the ...

6. Cash flow statement - Wikipedia

   en.wikipedia.org/wiki/Cash_flow_statement

   t. e. In financial accounting, a cash flow statement, also known as statement of cash flows, [ 1] is a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing and financing activities. Essentially, the cash flow statement is concerned ...

7. Income statement - Wikipedia

   en.wikipedia.org/wiki/Income_statement

   An income statement or profit and loss account[ 1] (also referred to as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations) [ 2] is one of the financial statements of a company and shows ...