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What Is Net Income and How is Net Income Calculated? Net Income Formula Explained

October 19, 2023 by Prolific

What Is Net Income and How is Net Income Calculated? Net Income Formula Explained

Net income is one key metric that you can use to assess your business’s financial health. It’s the bottom line on your income statement, also called a Profit & Loss Statement (P&L), and it tells you how much money you have remaining after deducting your costs and operating expenses from your total Revenue. What Is […]

Filed Under: IRS Deadlines Tagged With: finance management

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