Question

The total revenues for a company are $150,223 and the total expenses were 125,766. If you are calculating the net income, which of these spreadsheets would you use?

Answer 1

Net income =total revenue - total expenses

Net income =150223-125766

Net income =24457

In spreadsheet :

Total revenue = b2

Total expenses = b3

Net income will write in cell b4

So write formula in b4 to find net income :

=b2-b3

And press enter key to show your answer.