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Net income refers to the amount of money a company gains. When calculating net income you actually ave to subtract total assets and total liabilities from the prior period to reveal new totals for the period.?æ

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Q: Calculate the net income with total assets and total liabilities?
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Related questions

What is the format of a balance sheet?

The format of the Balance Sheet is Assets = Liabilities + Equity * Current Assets * Fixed Assets * -------------------- * Total Assets * Current Liabilities * Long Term Liabilities * -------------------------- * Total Liabilities * Equity * Net Income * ---------------------------- * Total Equity * -------------------------- * Total Liabilities and Equity


How do you calculate CAPEX?

CAPEX means capital expenditures. You locate total assets and calculate the change, then local liabilities and subtract the change in liabilities from the change in assets.


Formula to calculate NAV?

(securities - liabilities)/(# of outstanding shares)


How do you figure total equity if given assets liabilities and net income?

It's pretty easy. The basic financial equation is: Assets = Equity + Liabilities. A part of equity is retained earnings. Retained earnings = net income - dividends Equity = Assets - Liabilities


How do you calculate the net worth from balance sheet?

Net Worth = Total Assets - Total Liabilities


How do yo Calculate owners equity?

im pretty sure its total assets-total liabilities ! =]


How do you calculate net capital ratio?

Net Capital Ratio =Total assets / Total Liabilities


What is current liabilities to total assets ratio?

Current liabilities to total assets ratio is the comparison between total assets in business with current liabilities in business.


How do you calculate gross capital expenditure?

You will need the balance sheet from your company. When you have this you can locate the total assets and the total liabilities and subtract liabilities from the assets. You can use this number to see how much your business has spent.


How do you calculate return on assets?

Net Income divided by Average Total Assets


What is the net income if a company has a debt equity ratio of 1.40 return on assets is 8.7 percent and total equity is USD520000?

Return on assets is Net income/ total assets. Hence to arrive at net income we should ascertain total assets first, as the return on assets is provided at 8.7%. Total assets is sum of Equity plus Debt plus Other liabilities. We have total equity at USD 520000. Hence debt can be ascertained from the Debt Equity ratio at 1.40. But what about other liabilities? As it is not provided we will not be able to compute total assets and hence net income from the given particulars.


How do you calculate networth?

Net worth = Total Assets - Total liabilities It is the remaining amount which is net worth for owners.