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Net income

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Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue.

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This term or phrase is currently an entry in The SmallBusiness.com Business Glossary WIKI. Please help expand this entry into a more detailed description.

Source

This entry includes content from the following Wikipedia article: Net income

Link to this page: "https://wiki.smallbusiness.com/w/index.php?title=Net_income&oldid=20641"