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86,9
54 billion dollars
54 billion dollars
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
net income is gross income less expenses
Formula for net income is as follows: Net income = sales - expenses net income = 45000 - 25000 net income = 20000
when net income is zero
Net Income = Sales - ExpensesSo as many expanses net income will be lower.
The approximate Burger King franchise net profit is listed at 500,000 dollars per year. This is after franchise fees combined with annual sales.
If there is a net income, debit Income Summary. If there is a net loss, then credit it.