Assertion: net income | /r/HasProperty | profit
Facets:
value: in business
type: OTHER
value: in the united kingdom
type: LOCATION
value: sometimes
type: TEMPORAL
Source sentences:
text: An income statement is also sometimes referred to as a profit and loss statement (P&L) because the net income can either be a profit (positive net income) or loss (negative net income).
text: Net income is the profit your business earns after expenses and allowable deductions.
text: Sometimes called profits or earnings, net income is calculated by subtracting all deductions, tax credits, and cost of goods sold from the gross income number.
text: In the United Kingdom, net income is also known as "profit attributable to shareholders.
text: In business, net income is referred to as profit, the money a company has left after they’ve paid all operating costs.
text: Net income is known as the bottom line, and is the amount of profit the company made after paying all of its expenses.
text: Income, or net income, is a company's total earnings or profit.
text: Key Takeaways Net income is profit a company generates after accounting for all expenses and taxes—also called net profit or after-tax income.
text: Net income is the profit made from that revenue when total expenses are taken out.
text: The biggest difference between these two figures is that net income is the profit a company or individual makes after all expenses, taxes or any other deduction are taken out.