In business and accounting, net income (total comprehensive income, net earnings, net profit, bottom line, gross profit, gross margin, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses and taxes for an accounting period. It is computed as the residual of all revenues and gains over all expenses and losses for the period, and has also been defined as the net increase in shareholders' equity that results from a company's operations. In the context of the presentation of financial statements, the IFRS Foundation defines net income as synonymous with profit and loss. The difference between revenue and the cost of making a product or providing a service, before deducting overheads, payroll, taxation, and interest payments. This is different from operating profit (earnings before interest and taxes).

See options at the end. Can we conclude that are net earnings and net income the same?

Available choices:
A). no
B). yes
B).