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What is net income and how do you calculate it?

What is net income and how do you calculate it?
asked 43.5k views
1 vote
What is net income and how do you calculate it?

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User KMK
by
7.4k points

1 Answer

5 votes

Answer:

net income is the amount an individual earns after subtracting taxes and other deductions from gross income.

CALCULATION

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the amount of revenue left after subtracting all expenses, taxes and costs.

answered
User XCS
by
8.5k points
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