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What is a net income.

User Isaac G Sivaa
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19 votes

Answer:

Net income is how much money a business or person makes after the costs of deductions, taxes, and allowances.

Further, commerce net income is how much the business has after all costs, which include things such as: salary/wages, the cost it takes to buy the goods or create them, plus taxes.

Step-by-step explanation:

Answering again cause it got deleted for the link.

(still new here, I didn't know I wasn't suppose to do that, whoops)

User Oswaldo Alvarez
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