Impressive Another Word For Net Income In Accounting
Although net income is a metric of financial health it is.
Another word for net income in accounting. Despite its importance net income is relatively easy to calculate using simple accounting procedures that subtract expenses from revenue. Net loss sometimes called a net operating loss NOL is when expenses exceed the income or total revenue produced for a given time period. Net income NI Net income NI definition.
A companys total earnings also called net profit. It is the cash remaining after total expenses are subtracted from total revenue. Net Income Net Income equals revenue minus expenses taxes depreciation and interest.
Non-Cash Expense Does not require cash outlay eg. It other words it shows how much revenues. Companies must report their net profits or net losses on.
Strong revenue for the quarter was partially on account of the companys new business venture. The difference between net income and net cash flow April 11 2021 Net income is the revenues recognized in a reporting period less the expenses recognized in the same period. The result being Net Income.
In addition to the rental payment the LESSEE assumes all property charges such as taxes insurance and maintenance. Everything a company owns including cash accounts receivable money a company is. Non-operating Income Income not generated from the business.
Net income is listed on the last line of the income statement which is the origin of the term the bottom line Net income is another word for profit. Piece of the action. Markup earning per share windfall profit gross profit lucre profits filthy lucre gross profit margin share net profit part quick buck portion earnings killing profit fast buck net dividend accumulation.