What is net income?
Your answer is noun | the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses). Src: Wolfram|Alpha
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In business, what remains after subtracting all the costs (namely, business, depreciation) from a company's revenues.
Answered by Alexandra K. -
For an individual, net income is gross income minus taxes, allowances, and deductions. In a business, what remains after... MORE?
Answered by Isaac G. -
Net income is what remains after subtracting all the costs (business, depreciation, interest, and taxes) from a company's revenues
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