From Longman Business DictionaryRelated topics:Finance,Taxˌnet ˈincome[countable, uncountable]1theamountofincomeleft afterpayingtax,costsetcAre your monthly credit payments more than 15–20 percent of your net income?2[countable, uncountable]the amount of income that acompanyhas after paying costs...
The meaning of NET INCOME is the balance of gross income remaining after all allowable deductions and exemptions are taken.
The recent history of Madera Inc. makes us think about the meaning of shareholders equity and net income, and also about the impact of two different strategies on the cash flows and the financial statements of the company. 10 issues that may change the net income in 2012 are presented. The...
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to refer to net income instead of revenues. Be careful when you read examples or see problems that reference a company’s income. You’ll need to analyze the question and figure out what meaning of income the question is using. More often than not, the net income definition will be used...
This is the bottom line of the income statement. It is the mathematical result of revenues and gains minus the cost of goods sold and all expenses and losses (including income tax expense if the company is a regular corporation) provided the result is a positive amount. If the net amount ...
net income is the profits of a company. This is the income that is left over after all the expenses have been paid. If total revenues are less than total expenses, the company would have anet lossinstead of net income. Net income is calculated by subtracting total expenses from total reven...
For individuals, net income is defined more loosely and can refer to gross income net expenses (or your take-home pay). For cash flow purposes, net income is the equivalent of net pay. This is the total amount you’ve earned during a pay period, minus the following deductions and taxes...
(of weight) after deduction of tare, tret, or both. noun net income, profit, or the like. verb (used with object) netted,netting. to gain or produce as clear profit. NET 3 National Educational Television. Discover More Other Words From ...
n.net income rén jūn chún shōu rù 人均纯收入 the per-capita net income Hot words today 好good; friendly T恤T-shirt 干农活do farm work 打电话call 们 中centre; in 少few; be short of 同same; be the same as 不客气blunt; candid ...