Net Income
In business, Net income also referred to as the bottom line, net profit, or net earnings is an entity's income minus expenses for an accounting period. It is computed as the residual of all revenues and gains over all expenses and losses for the period, and has also been defined as the net increase in stockholder's equity that results from a company's operations. In the context of the presentation of financial statements, the IFRS Foundation defines net income as synonymous with profit and loss.
Read more about Net Income.
Some articles on net income:
... In business, Net income also referred to as the bottom line, net profit, or net earnings is an entity's income minus expenses for an accounting period ... and gains over all expenses and losses for the period, and has also been defined as the net increase in stockholder's equity that results from a ... the context of the presentation of financial statements, the IFRS Foundation defines net income as synonymous with profit and loss ...
... when it costs 30% or less of total household income rising housing costs have made this ideal difficult to attain ... City, where 28% of rent stabilized tenants spend more than half their income on rent ... Among lower income families the percentage is much higher ...
... the theater has far exceeded projections for attendance, activity, gross revenue, net income after operating expenses ... Both the City's 40% share of theater net income and income to the City from ticket facility fee surcharges have far exceeded projections ... million, the City's 40% share of theater net income in fiscal year 2009-2010 was over five times more than originally projected ...
... Net sales (revenue) – Cost of goods sold = Gross profit – SG A expenses (combined costs of operating the company) = EBITDA – Depreciation amortization = EBIT – Interest expense (cost of borrowing money) = EBT ...
... Comprehensive income is defined by the U.S ... distributions to owners.” Comprehensive income is the sum of net income and other items that must bypass the income statement because they have not been realized, including items like an ... These items are not part of net income, yet are important enough to be included in comprehensive income, giving the user a bigger, more comprehensive picture of the organization as a whole ...
Famous quotes containing the words income and/or net:
“A sociosphere of contact, control, persuasion and dissuasion, of exhibitions of inhibitions in massive or homeopathic doses...: this is obscenity. All structures turned inside out and exhibited, all operations rendered visible. In America this goes all the way from the bewildering network of aerial telephone and electric wires ... to the concrete multiplication of all the bodily functions in the home, the litany of ingredients on the tiniest can of food, the exhibition of income or IQ.”
—Jean Baudrillard (b. 1929)
“Afraid lest he be caught up in a net of words, tripped up, bewildered and so defeated—thrown aside—a man hesitates to write down his innermost convictions.”
—William Carlos Williams (1883–1963)