What is net income?

Understand what net income is, how it's calculated, and why it's a crucial measure of a company’s profitability.

What is net income?
Joshua Apr-28-2023 01:30:41
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Net income is the total amount of income received after deducting any applicable taxes and expenses. It is also known as the "bottom line" or net earnings, and it represents the total profit earned by a business or individual after accounting for all income and expenses during a given period.
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Harper 290962451
15 Ques 1 Ans
answered 22 Aug 2023

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