Get Net Earning
Images. In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses. Net income (ni), also called net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other.
Sign up for our online financial statement training and get the income statement training you need. This is a handy measure of how profitable the company is on a percentage basis, when compared to its past self or to other companies. Net profit, net income, and net earnings all mean the same thing.
Net earning synonyms, net earning pronunciation, net earning translation, english dictionary definition of net earning.
The blueprint provides you with 4 simple steps on how to create a retained earnings statement. Omantel posted a ro112 million net profit in 2010, lower than its net earning of ro125.2 million achieved in the previous year. Net earnings represent the amount of sales revenue left over after all operating expenses, interest, taxes and preferred stock dividends (but not common stock dividends) have been deducted from a. Net earnings are also used to determine the net profit margin.
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