Categorized In: Definitions , Finance & Economy
Source: net income Definition | www.investorwords.com
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In business, what remains after subtracting all the costs (namely, business, depreciation) from a company's revenues.
For an individual, net income is gross income minus taxes, allowances, and deductions. In a business, what remains after... MORE?
Net income is what remains after subtracting all the costs (business, depreciation, interest, and taxes) from a company's revenues
