Fantastic Info About Another Name For Net Income

What is another word for net income? All three of these terms mean the same thing, which can sometimes be confusing for people who are new to finance and accounting. Synonyms for net income (other words and phrases for net income).

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The bottom line of a company’s income statement has three commonly used names, which include:

Another name for net income. Other names for net income. Or, if you really want to simplify things, you can express the net income formula as: Often, the term income is substituted for net income, yet this is not preferred due to the possible ambiguity.

As profit and earnings are used synonymously for income (also depending on uk and us usage), net earnings and net profit are commonly found as synonyms for net income. Other names for net income. So put another way, the net income formula is:

Net income can be positive or negative. On this page you'll find 9 synonyms, antonyms, and words related to net income, such as: 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.

A negative net income—when expenses exceed revenue—is called a net loss. Net income is also referred to as net profit, net earnings, net income after taxes (niat) and the bottom line—because it appears at the bottom of the income statement. In this article, we use all three terms interchangeably.

When your company has more revenues than expenses, you have a positive net income.