Ad
related to: gross versus net revenue
Search results
Results From The WOW.Com Content Network
Gross income measures the profit generated from sales alone, using your total revenue minus the cost to of the goods you sold. Find out how net come is different. Gross vs. Net Income ...
Gross Income vs. Net Income. While the term “net income” is often used to describe a business’ profit, you can also use net income to describe your personal income. In this case, your net ...
It is opposed to net income, defined as the gross income minus taxes and other deductions (e.g., mandatory pension contributions). For a business, gross income (also gross profit , sales profit , or credit sales ) is the difference between revenue and the cost of making a product or providing a service, before deducting overheads , payroll ...
For households and individuals, net income refers to the (gross) income minus taxes and other deductions (e.g. mandatory pension contributions). Definition.
This is to be contrasted with the "bottom line" which denotes net income (gross revenues minus total expenses). [3] In general usage, revenue is the total amount of income by the sale of goods or services related to the company's operations. Sales revenue is income received from selling goods or services over a period of time.
The expenses-to-revenue ratio was 12.0% vs. 12.6% the prior year. Net income grew by 106% Y/Y to $693 million. EPS per ADR rose to $0.0535 from $0.0264 a year ago.
Revenue Sales revenue $20,438 Cost of goods sold: $7,943 Gross profit $12,495 Operating expenses Selling, general and administrative expenses $8,172 Depreciation and amortization: $960 Other expenses $138 Total operating expenses $9,270 Operating profit $3,225 Non-operating income $130 Earnings before interest and taxes (EBIT) $3,355 Financial ...
For example, net income is the total income of a company after deducting its expenses—commonly known as profit—or the total income of an individual after deducting their income tax. Profit may be broken down further into pre-taxed or gross profit and profit after taxes or net profit.