Question

going among the to prize -winner who distribute is prize
sentence bathay
​

Answer 1

Answer:

Revenue equals gross income, but not net income.

Net income - the basis for calculations, estimates, and projections

Business leaders use the phrase net income when referring to a company’s total profits – after they’ve taken all expenses into account. These expenses may include the production costs of products/services, taxes, fees, operational costs, etc.

Executives and entrepreneurs use net income as the basis for a vast array of calculations, estimates, and projections.

For example, investors, managers, creditors, etc. use net income figures to determine how efficiently companies make money. By understanding the ins-and-outs of this foundational concept, you can avoid costly miscalculations and misunderstandings – and create effective long-term strategies.