Series 79: Net Income Or Loss

Taken from our Series 79 Top-off Online Guide

Net Income or Loss

The income statement’s bottom line, in both senses of the term, is the company’s net income, also called net profit or net earnings. This figure is derived by subtracting all expenses shown on the balance sheet from all revenues. If the number is negative, it is the company’s net loss.

A company will sometimes report specia

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