In 2002 the company reported a net income of $1.7 billion
4.4 Billion
In 2002 Bank of America had a net income of $9.2 billion
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The company's net income for 2002 was $893,000,000.00.
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
Annual and financial reports for McDonald's are available online. The 2002 report is here: http://www.mcdonalds.com/corp/invest/pub/annual_rpt_archives/2002_annual.html. The company's net income for 2002 was $893,000,000.00.
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.