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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, depreciation and amortization, interest, and taxes for an accounting period.
net_income profit: Net income or profit (revenue minus costs) realized by the company in its most recent fiscal year and the year prior, with the applicable years in parentheses. Example {{Unbulleted list|{{Steady}} US$128 million (2011)|US$128 million (2010)}} String: optional: Net income year: net_income_year profit_year: The year associated ...
Gross Income. Net Income. Gross income is profit generated from sales alone. Net income is what’s left after subtracting necessary business expenses. Gross Income = Total Revenue – Cost of ...
There are two differences between net income and free cash flow. The first is the accounting for the purchase of capital goods. Net income deducts depreciation, while the free cash flow measure uses last period's net capital purchases.
A handful of CEOs — Hock Tan, Nikesh Arora, Stephen Schwarzman, Christopher Winfrey and Will Lansing — led the pack last year for compensation, according to The Wall Street Journal.