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Net income is determined by subtracting expenses from income. This will give the actual amount of profits at the end of the day.

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10y ago

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How can we determine the net income (loss) for the period?

To determine the net income (loss) for a period, subtract total expenses from total revenue. If the result is positive, it is net income. If the result is negative, it is a net loss.


How can one determine the net income loss of a business?

To determine the net income loss of a business, subtract the total expenses from the total revenue. If the result is negative, it indicates a net income loss.


How does income taxes affect net cash flow?

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What requires that expenses will be matched with revenues to determine net income?

Matching


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After gross profit is calculated operating expenses are deducted to determine?

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Why does capital budgeting look at cash flows and not net income?

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Which section of the income statement does not report net of income taxes or net of income?

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Formula for net income percentage?

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How do net exports help determine the nation's income?

When imports exceed exports, a trade deficit can occur


What is NET INCOME plus INTEREST EXPENSE divided by TOTAL ASSETS?

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.