Net income is determined by subtracting expenses from income. This will give the actual amount of profits at the end of the day.
An individual's net income is used to determine how much income tax is owed. ... cash flows from operating activities ...
Matching
To determine cost of goods sold
net operating income
Affect of net income is hard to determine due to any specific assets that's why capital budgeting decision making involves cash flows to determine cost and benefit analysis.
Net income percentage = Net income / Revenue
Trading account statement does not report net of income taxes or net of income.
Net income percentage = Net income / Revenue
When imports exceed exports, a trade deficit can occur
I think you mean Net Income plus Interest Expensedivided by Total Average Assets.If that is the case, then it is the formula used to determine Return on Assets.
net income is gross income less expenses
Ask for his tax returns, income statement, balance sheet.