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Mathematics
14 November, 09:46
Net income is calculated as
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Julianne Buck
14 November, 09:55
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Net income is basically calculated as what is left with the overall revenue including the capital - if we are talking about business. So, after the capital and expenses were subtracted from the overall revenue, that is what net income is. For example, you are employed in a private company and your monthly fixed income is $3000 then your salary was taken $250 for the health care services, life/health insurance, and other employment-related fees, so your net income is $2750.
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Cadence Hughes
14 November, 10:05
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Total Revenue - Total Expenses = Net Income
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