Net income seems straightforward: It is the result when expenses (administrative expenses, business expenses, interest expenses, operating costs and other expenses) are subtracted from revenue. This ...

The difference between net income and pretax accounting lies in fiscal debt, which is money a company must send the Internal Revenue Service on a quarterly or annual basis. Understanding the ...

When you are figuring out how well your company's doing, gross sales revenue is a poor measure. Net income, meaning the amount you have left after paying your bills, is a better measure of your ...

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