Business Terms and Jargon Explained

What is Net income

This is a persons, companies or organisations total revenue less total costs giving the net profit or net income. This formula is used to determine the profit or loss up to a given period of time. Remember incomes is just sales and money coming in and does not give an indication of profitability.

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Financial Conglomerate Nisi Yard
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Term created / updated 2020-01-30 14:08:31

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