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About: Net income     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : umbel-rc:TVShow_IBT, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: Thinglakeumbel-rc:TVShow_IBT New Facet based on Instances of this Class

In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period. It is computed as the residual of all revenues and gains less all expenses and losses for the period, and has also been defined as the net increase in shareholders' equity that results from a company's operations. It is different from gross income, which only deducts the cost of goods sold from revenue.