Assertion: net income | /r/UsedFor | refer to the amount
Facets:
Source sentences:
text: The key difference between gross income and net income is that gross income refers to the income which is left over to the company after deducting the cost of the goods sold from the revenue earned by the company, whereas, Net income refers to the amount left as the earning in the organization after deducting all the expenses in the organization including other expenses such as dividends etc from the gross income.