What is Net Income?
Net income is a key financial metric that indicates the profitability of a company. It represents the total earnings of a business after all expenses, including taxes, interest, and costs, have been deducted from total revenue. Whether you are a business owner, investor, or financial student, understanding net income is crucial for making informed economic decisions.
Our AI assistant is here to guide you through the essentials of net income. Feel free to ask any questions you may have about how net income is calculated, its impact on financial statements, or its importance in personal and corporate finance.
