What is Net Income?
Net Income is an accounting term that refers to the total revenue minus the total expenses for any given period. Net Income is one of the best ways to determine a business' profitability and is often referred to as the bottom line. For Net Income, expenses to be deducted include Cost of Goods Sold (COGS), all operating expenses, and tax and interest costs.Alternate names: Net Earnings, Net Profit
How to calculate Net Income
Metrics related to Net Income
Cost Of Goods Sold
The Cost Of Goods Sold (COGS) is the measure of direct costs incurred by a company to manufacture or...
Gross Margin is a profitability ratio that measures Gross Profit as a percentage of total revenue. T...
Revenue is defined as the income generated through a business’ primary operations. It is often refer...