BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Also referred to as the profit or the net earnings, the net income after taxes refers to the remaining earnings after deducting all expenses (including taxes). Aside from taxes, the net income after taxes also deducts operating expenses, interest, dividends, and depreciation.

Detailed explanation-2: -Net income after tax (NIAT) is an entity’s profits after deducting all expenses and taxes in a fiscal period. NIAT is also commonly referred to as a company’s bottom-line profitability.

Detailed explanation-3: -Net profit is the amount of money your business earns after deducting all operating, interest, and tax expenses over a given period of time.

Detailed explanation-4: -Net income refers to the amount an individual or business makes after deducting costs, allowances and taxes. In commerce, net income is what the business has left over after all expenses, including salary and wages, cost of goods or raw material and taxes.

Detailed explanation-5: -Net Income = Total Revenues – Total Expenses Net Income or Net profit is calculated so that investors can measure the amount by which the total revenue exceeds the company’s total expenses.