BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
determined by subtracting expenses, including taxes, from revenue
A
merger
B
net income
C
depreciation
D
multinational
E
vertical merger
Explanation: 

Detailed explanation-1: -What is Net Income? Net income is the amount of accounting profit a company has left over after paying off all its expenses. Net income is found by taking sales revenue and subtracting COGS, SG&A, depreciation, and amortization, interest expense, taxes and any other expenses.

Detailed explanation-2: -Net Income is the difference between total revenue and total expenses. It is calculated by subtracting total expenses from total revenue.

Detailed explanation-3: -Earnings before interest and taxes (EBIT) is an indicator of a company’s profitability. EBIT can be calculated as revenue minus expenses excluding tax and interest. EBIT is also referred to as operating earnings, operating profit, and profit before interest and taxes.

Detailed explanation-4: -To calculate net income, take the gross income-the total amount of money earned-then subtract expenses, such as taxes and interest payments.

Detailed explanation-5: -Net income for the period is determined by subtracting total expenses and dividends from revenues.

There is 1 question to complete.