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Net Income: How It Works and Why It Is Important

Net Income: How It Works and Why It Is Important

by Murry Englard, CPA | Dec 8, 2021 | Accounting, Murry Englard CPA

Net income is a business’s profit or loss after deducting all its operating costs. It is also known as “the bottom line,” and it’s the profit left over for owners to take home. Net income might not seem important, but it can tell how well your...

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