The amount of mortgage debt that taxpayers may have and take an interest deduction on was reduced in 2018, impacting Less than 6% of taxpayers.
This is further explained below.
What are taxpayers ?Generally, A individual or entity that is required to pay a tax is referred to as a taxpayer.
Taxpayers in the modern era may be required to have an identity number, often known as a reference number, which is provided by the government to residents or businesses. In common parlance, a person who is subject to taxation is referred to as a "taxpayer."
In conclusion, The maximum amount of mortgage debt that taxpayers are permitted to hold and still deduct interest on was decreased in 2018, affecting less than 6% of taxpayers.
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you have taken a job with a software user who has contracted your previous employer to develop a system for them. you discover that your company’s interpretation of the requirements is different from the interpretation taken by your previous employer. discuss what you should do in such a situation. you know that the costs to your current employer will increase if the ambiguities are not resolved. however, you have also a responsibility of confidentiality to your previous employer
Understanding that resolving ambiguities in software requirements is not unethical is crucial in this situation. There are undoubtedly tactful ways to give your current employer your recommendations without jeopardising the confidentiality you agreed to with your former employer. Make sure not to violate any Non Disclosure Agreements (NDAs) you may have signed with your former employer.
What are Non Disclosure Agreements?Non-disclosure agreements, or NDAs as they are sometimes known, are binding contracts that guarantee the confidentiality of specific information.
Non-disclosure agreements, or NDAs, are binding contracts that establish a "confidential relationship" between the owner of sensitive information and the person who will have access to it. If a relationship is confidential, neither party—or both—have an obligation to divulge that information.
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*20 points*
Please and Thank you
Answer:
1. (TRUE)
2. (C)
Explanation:
The heavy volume of digital messages received on a daily basis makes it necessary for business professionals to perform the delicate task of balancing the.
The heavy volume of digital messages received on a daily basis makes it necessary for business professionals to perform the delicate task of balancing the need to respond to others with their own need to focus on work.
The set of channels a business employs for consumer communication is known as digital messaging. Digital messaging can take place on every platform where your brand is present, from social media to web chatting, but text messages are by far the most popular option for business messaging.
One needs to identify their main workplace interruptions as a first step. Some of them can be connected to your field of work, while others might be the kinds of distractions you are most prone to. Distractions include, but are not limited to, phone calls, email notifications, messages, applications, app notifications, managers, in-person and virtual meetings, and daily news websites. One needs to identify the key workplace distractions in order to reduce distractions and retain focus.
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By reviewing hiring information from the previous year, james is trying to predict how many additional employees he will need to hire for the holiday rush. Which step in the process of human resource planning is jim engaged in?.
Reduce work hours for many employees this step in the process of human resource planning is Jim engaged in.
Human resources specialists recruit, display, and interview process applicants and vicinity newly employed people in jobs. They also may additionally cope with repayment and benefits, training, and employee members of the family. Exertions family members specialists interpret and administer exertions contracts. Human resources (HR) is the branch within a commercial enterprise this is chargeable for all matters employee-related. That includes recruiting, vetting, deciding on, hiring, onboarding, schooling, promoting, paying, and firing personnel and impartial contractors.
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Acme enterprises borrowed $20,000 from last bank on a 5-year note payable. acme's journal entry to record this transaction will include a?
Acme Enterprises borrowed $20,000 from Bank on a 5-year note payable. Acme's journal entry to document this trade will contain a debit to cash for $20,000 and a credit to notes expected for $20,000.
When recording journal entries which account labels are indented?The credit account title(s) consistently come after all debit titles are entered, and on the right. The labels of the credit accounts will be indented below the debit accounts. You will have at most smallish one debit (possibly more).
A liability account rises by $100, A stockholders equity account gains by $100 or An asset drops by $100.
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Demand is defined as a sincere desire for having a good. true false
It is true that demand is defined as a sincere desire for having a good.
What is demand?Demand is the number of customers that are able and willing to buy products at various price points during a predetermined time frame. Demand for any good or service shows that consumers are interested in it and are ready, willing, and able to make a purchase.
What are Determinants of Demand?There are five main factors that drive demand:
•Product/service price
•Buyer's income
•Prices of substitute goods
•Consumer preferences
•Consumer expectations for a change in price
What is the Law of Demand?The law of demand states that when prices rise, demand will fall. When prices fall, demand will rise.
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to offset college expenses, at the beginning of your freshman year you obtain a nonsubsidized student loan for $10,000. interest on this loan accrues at a rate of 4.18% compounded monthly. however, you do not have to make any payments against either the principal or the interest until after you graduate. (a) write the function of the model that gives the total amount you will owe on this loan in dollars after t years in college.
The model's function that calculates your final loan balance in dollars after t years of education will be 10000(1.003483)^12t
Due to this:
The loan principal is equal to $10,000.
Interest rate, r, equals 4.18% (or 0.0418)
n (or 12) is the number of times per period that it is compounded (number of months in a year)
after t years of college, the total sum, F owed;
F(t) = P(1 + r/n)^nt
F(t) = 10000(1 + 0.0418/12)^12t
F(t) = 10000(1.003483)^12t
Describe a loan.An individual or other entity incurs debt when they take out a loan. The lender advances the borrower some cash, which is typically provided by a business, financial institution, or the government. In exchange, the borrower consents to a particular set of terms, which may include any finance charges, interest, a repayment schedule, and other requirements.
A student loan is a specific kind of loan intended to assist students in covering the costs of post-secondary education and related expenses, including tuition, books, and living expenses.
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the law of supply states that, holding other factors constant, as price increases a. quantity supplied increases b. quantity supplied decreases c. quantity demanded increases d. quantity demanded decreases
the regulation of law states that preserving different elements steadily, as the charge will increase amount demanded decreases.
A rule of law or procedure is set up via custom, settlement, or authority. a hard and fast of rules or principles for a particular region of a legal device. a chunk of enacted law. significance of regulation in Society: law acts as a code of conduct in society, which is why it is so essential. It became additionally set up to provide suitable standards and rules for everyone's conduct and to make certain the government's 3 branches' fairness. It ensures that civilization runs smoothly.
John Austin's regulation definition states “law is the aggregate set of policies set by means of a person as politically superior, or sovereign to men, as political topics.” hence, this definition defines law as a fixed of guidelines to be accompanied by using absolutely everyone, regardless of their stature. Hans Kelsen created the 'natural concept of law'.
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frustrated that she was working many hours for someone else, morgan decided to start her own business. she could work when she wanted to and take a day off as needed instead of having to work on a set schedule. morgan was likely influenced by when starting her own business.
An entrepreneur needs to be flexible in their thinking and have the resources at their disposal to recognize and seize new and impending opportunities.
What motivates someone to launch a business?Achievement, Challenge, and Learning: The difficulty of employing technology to solve a problem has inspired thousands of businesspeople both domestically and internationally to find some of the biggest and most prosperous corporations in history. I believe that everybody who has a strong urge for self-expression and a desire to create can benefit from this motivation.Independence and Autonomy: Humans have strong, compelling impulses for independence and autonomy. Entrepreneurs choose their partners, set their objectives, and take responsibility for the results of their actions.Income Security and Financial Success- I believe that these two motivations—income security and financial success—are essentially two. The desire to found the next "unicorn," a privately owned business with a valuation of over $1 billion, drives some entrepreneurs. The entrepreneur looking for financial security is far more typical.Recognition and Status: Entrepreneurs who generate significant riches for themselves, their families, and their communities do not necessarily have the status of model citizens that we want for our children.Family- Family-owned businesses are frequently the only means of preserving economic and social stability in many parts of the world. Family stability is a strong motivator for young entrepreneurs seeking a career.Unhappiness with the Current Work Arrangements- Strong motivators for potential entrepreneurs include a nasty boss, insufficient income, workplace discrimination, forced retirement, and no opportunities for promotion.Society and social motivation: The urge to give back to the community or to address a persistent social issue drives many entrepreneurs.What aspect of the business is most crucial?The majority of businesses are successful because they offer a decent enough product or service. According to multiple research findings, the largest problem for small businesses is marketing, sales, and money. But money management is the one crucial element that most often determines success and failure.
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Johanna's professor asked the class to read a short passage and answer questions designed to test their understanding of the material. what type of verbal ability test did the professor use?
Answer: To write comprehension
watson foods, inc. reported the following transactions during september: a) the business received cash and issued common stock. it was credited to common stock. b) the business purchased office equipment for for which cash was paid and the balance was put on a note payable. c) paid insurance expense of cash. d) paid the september utility bill for cash. e) paid cash for september rent. f) the business had sales of in september. of these sales, % were cash sales, and the balance was credit sales. g) the business paid cash for office furniture. assuming the total liabilities balance is zero at the beginning of september, what is the total liabilities balance at the end of september?
$6,000 is the correct answer
The total liabilities are calculated as follows:
Total liabilities = bought office equipment - cash paid = $10,000 - $4,000 = $6,000
What is an illustration of liability insurance?Any bodily injury to a third person, such as a customer or client, that occurs at your business is considered bodily injury. For example, if a consumer enters your flower shop, slips on your wet floor, and breaks their leg, your general liability insurance may pay for their medical fees.
The necessity for public liability insurance is established by whether or not you interact with the general public. However, many insurance companies will take your turnover into account when calculating your insurance price.
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A business ________ is a logically related set of activities that defines how specific business tasks are performed.
A business process is a logically related set of activities that defines how specific business tasks are performed.
A business process is an activity or we can say that set of activities which accomplish a specific organizational goal. Business processes should have some purposeful goals which are to be specific and produce consistent outcomes.
Business process management or BPM is a systematic approach which is used in improving those processes, which helps the organizations to achieve their business goals.
If any organization is unable to perform certain business processes internally because of the cost or resource constraints, the company can use business process outsourcing.
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What term describes an internet-inspired mechanism for raising money or sponsorship from members of the public for a small project or business venture?.
Crowdfunding is the technique of supporting a project or business endeavor by soliciting contributions from many individuals, generally online.
What is Crowdfunding ?
Crowdfunding is the technique of supporting a project or business endeavor by soliciting contributions from many individuals, generally online. Crowdfunding is a type of alternative financing and crowdsourcing. Over US$34 billion was raised through crowdfunding globally in 2015.
The word "crowdfunding" alludes to internet-mediated registrations, even if such ideas may also be implemented through mail-order subscriptions, benefit events, and other techniques. This contemporary crowdfunding approach often relies on three different sorts of actors: the project initiator who suggests the concept or project to be financed, people or groups that support the proposal, and a regulating organization (the "platform").
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The idea that because of scarcity, producing more of one good or service means producing less of another good or service refers to the economic concept of:__________
The idea that because of scarcity, producing more of one good or service means producing less of another good or service refers to the economic concept of opportunity cost. Therefore, the option B holds true.
What is the significance of opportunity cost?An opportunity cost can be referred to or considered as the cost undergone by an individual to engage in only one economic activity out of the available alternatives due to scarcity of resources, such as capital and time.
Therefore, the option B holds true and states regarding the significance of an opportunity costs.
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The idea that because of scarcity, producing more of one good or service means producing less of another good or service refers to the economic concept of:__________
A. Scarcity of resources
B. Opportunity cost
C. Economic scarcity
D. Replacement cost
22. Which one of the following is correct regarding the utilization of a good without an alternative use?
(1) Opportunity cost will be positive
(2) Opportunity cost will increase
(3) There will be no opportunity cost
(4) Opportunity cost will be negative
(5) Opportunity cost will decrease
Answer:
it's 2 opportunity cost will increase
thank uh
wise guys consulting receives payment in full totaling $9,000 from a client for services which were rendered and invoiced the previous month. what would be the impact at the time the payment is received?
The impact at the time the payment is received is a Revenue $9000 increase with credit.
Turnover is the total amount of revenue generated from the sale of goods or services related to the company's main activities. Earnings, also known as total earnings, are often referred to as the "top line" because they are at the top of the income statement.
Revenue is the total revenue generated from the sale of goods and services related to the company's main activities. Commercial income is also called sales or earnings. Some companies derive their income from interest, royalties, or other fees.
Revenue represents income from business activities and profit represents net profit after deducting expenses from income. Earnings can take many forms, including B. Sales, Commission Income, and Property Income.
The Revenue is used as an indicator of income quality. There are several financial metrics related to this. The main ones are gross margin and profit margin. Businesses also use earnings to determine the cost of bad debts using the income statement method.
Account receivable $9000 increasea with debit
Revenue $9000 increase with credit
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do you think the principles described during this interview are unique to owens corning as a company or could any organization apply them to make better ethical decisions and manage a socially responsible business?
Corning offers great benefits and perks, along with many business opportunities to learn and advance your career. Culture is tricky. Some people are wonderful to work with, some are a nightmare. It all depends on your group and boss.
Owens Corning is an American company that designs and manufactures insulation, roofing, fiberglass composites, and related materials and products. The world's largest manufacturer of fiberglass composites.
Owens Corning Shingles are known for their high quality due to the materials and manufacturing processes used. Shingles are layered with Patented fiberglass that protects against the elements and has an A fire rating. Corning's hiring process consists of several stages, including phone screening and interviews. The entire process can take 3-6 weeks, depending on the position, and may require more interviews for management positions.
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Question
In the Newsela article “Health Benefits of Reading, Writing, Are Not Just for Patients," how does the author develop the central ideas that empathy is important to mental health and that reading and writing help foster empathy?
A, by relating first-hand experiences of people who have developed stronger empathy
B, by relating first-hand experiences of people who have developed stronger empathy
C, by implying that people who can use their imaginations creatively typically treat other people nicely
D, by implying that people who can use their imaginations creatively typically treat other people nicely
Answer:
dos so56 divid4 respuest 89
The factors necessary to compute depreciation include ______________ salvage value and useful life. listen to the complete question
The factors necessary to compute depreciation include cost salvage value and useful life.
Directly line depreciation is the most commonly used and simple depreciation technique for allocating the cost of a capital asset. It's far calculated by means of absolutely dividing the cost of an asset, much less its salvage value, by using the useful lifestyles of the asset.
There are 3 critical factors while calculating depreciation:
Useful lifestyles: the amount of time an organization expects an asset to be productive. Salvage fee: when a commercial enterprise gets rid of an asset, it is able to promote it for a reduced amount. Depreciation technique: there are two foremost strategies for calculating.Factors That have an effect on the Computation of Depreciation (persisted)
Depreciable price. Cost much less residual fee. Depreciable value is allotted over the useful life of an asset.Expected useful lifestyles. General wide variety of carrier gadgets predicted from a protracted-time period asset.Learn more about depreciation here https://brainly.com/question/1203926
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explain whether each of the following events represents (i) a change in supply or (ii) a movement along the supply curve. (be sure to label each part of your answer). a) during a real estate boom that causes house prices to rise, more homeowners put their houses up for sale. b) many strawberry farmers open temporary roadside stands during harvest season, even though the price s are usually low at that time. c) immediately after the school year begins, fewer young people are available to work. fast-food chains must raise wages, which represent the price of labor, to attract workers. d) many construction workers temporarily move to areas that have suffered hurricane damage, lured by the higher wages. e) since new technologies have made it possible to build larger cruise ships (which are cheaper to run per passenger), caribbean cruise lines have offered more cabins at lower prices, than before.
The first-rate time for a Caribbean cruise is from December to April while the weather is dry, sunny, and clear skies on most days. the right cruising situations of mild temperatures and calm waters commonly closing in the course of wintry weather and spring, making it the prime Caribbean sailing season and very tourist-pleasant.
At the same time as the Caribbean absolutely has more alternatives as a long way as a destination, you can not beat the convenience of The Bahamas. irrespective of which itinerary you go with, you're going to see some great natural world, lush flowers, and exquisite beaches.
Within the Caribbean, the worst murder fee is observed in Jamaica, with forty nine.four homicide victims per one hundred,000 population in 2021. Jamaica's homicide price is almost five instances higher than, as an instance, the Dominican Republic's, in which 10.3 people had been killed according to a hundred,000 populace that equal 12 months.
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Linda bought a new computer online, but she soon realized that it didn’t have enough memory to run her programs. Which risk associated with purchase decisions occurred?.
The risk associated with such a purchase decision occurs to be an actual or perceived risk.
What is Risk?
Risk is just the probability of something unpleasant happening. Risk is uncertainty about the effects/implications of an activity on anything that humans value (such as health, well-being, wealth, property, or the environment), with a concentration on negative, unwanted outcomes. For general understanding in various applications, the international standard definition of risk is "impact of uncertainty on objectives."
A person's perception of risk is a decision. It incorporates aspects such as sentiment, background knowledge, and personal experiences. Perceived risk includes functional risk, physical hazard, financial risk, and social/psychological risk. the peril of time.
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More personal service and the ability to respond quickly is an advantage for small businesses. True or false?.
Yes it's True More personal service and the ability to respond quickly is an advantage for small businesses.
What is a Small businesses ?According to the SBA, a small business is one that employs up to 1,500 people and has annual revenue caps of up to $41.5 million.
Selling artwork, taking photos, making independent movies, running dancing studios, and many more small companies are examples. The most lucrative ones include hand-made arts and crafts, virtual art workshops, and photography and videography.Generally speaking, a small business is a privately held corporation, partnership, or sole proprietorship with fewer employees and lower yearly income than a corporation or regular-sized business.Learn more about Small business here:
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Answer: Customer service
David earned a salary of $43,500 in 1994 and $89,000 in 2010. The consumer price index was 148. 2 in 1994 and 215. 3 in 2010. David’s 1994 salary in 2010 dollars is.
$63,195.34
$63,195.34
$63,195.34
he beveridge curve gives a relationship between . a. positive; inflation and unemployment d. negative; market tightness and unemployment b. positive; inflation and employment e. non-monotone; money growth and unemployment c. negative; inflation and unemployment
The Beveridge curve gives a negative relationship between market tightness and unemployment.
What is the economics of the Beveridge curve?
The Beveridge curve (UV curve) is a graphical representation of the relationship between the unemployment rate and the vacancy rate (the number of vacancies expressed as a percentage of the workforce). Normally, the vertical axis is the number of job openings and the horizontal axis is the unemployment rate.
Which factors would shift the Beveridge curve?
Other factors that could shift the Beveridge curve include changes in the long-term unemployment rate and changes in the employment rate. (In both cases, increasing amounts correspond to shifting to the right and vice versa.)
Why are Beveridge curves convex?
All curves are convex. As the number of job openings increases relative to the number of job seekers, companies find it harder to fill the vacancies with the right talent, leaving more vacancies unfilled.
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kubin company’s relevant range of production is 18,000 to 22,000 units. when it produces and sells 20,000 units, its average costs per unit are as follows:
The total amount of product costs incurred to make 20,000 units is
$ 350,000.
What is Product cost?The business incurs two types of costs when producing an item: production costs and period costs.Expenses associated with the production process directly are referred to as production costs. These expenses consist of labor, raw material, and overhead charges.The expense won't be incurred if the production is terminated. The cost of the product includes both the fixed production cost and all variable costs.Calculation of product cost for producing 20,000 units:Existing production costs for each unit:
Direct materials = $ 7.00
Direct labor = $ 4.00
Manufacturing variable overhead = $ 1.50
Fixed manufacturing overhead = $ 5.00
Total product cost per unit = Number of units produced × (Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead)
= $ 7.00 + $ 4.00+ $ 1.50 + $ 5.00 = $ 17.5
= 20,000 x $ 17.5 = $ 350,000
Hence, the total amount of product costs incurred to make 20,000 units is $ 350,000.
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What does it mean when someone has limited liability?
Answer:
Limited liability is a form of legal protection for shareholders and owners that prevents individuals from being held personally responsible for their company's debts or financial losses
Firms consider pursuing various ______ as part of their overall growth strategies. multiple choice question. mission statements market segments portfolio analyses metrics
Firms consider pursuing various market segments as the part of their overall growth strategies.
A growth strategy is a firm's plan for overcoming current and future challenges is to realize its goals for expansion. For instance, growth strategy goals include acquiring assets, increasing market share and revenue, and improving organization's services.
Whereas, a market segment is known as a group of people who tend to share one or more similar characteristics. Thus, marketing teams and corporations use various criteria to develop target markets for their products and services.
Thus, a market segment is considered a category of customers who tend to have similar likes and dislikes in an otherwise homogeneous market.
Hence, option B is correct.
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the 2020 balance sheet of dugan, incorporated, showed current assets of $4,545 and current liabilities of $2,825. the 2021 balance sheet showed current assets of $3,280 and current liabilities of $1,690. what was the company’s 2021 change in net working capital, or nwc?
Net working capital = Current assets - Current liabilities
For 2020:
Net working capital = $4,545 - $2,825.
Net working capital = $1720
For 2021:
Net working capital = $3,280 - $1,690
Net working capital = $1590
Change in net working capital = Net working capital in 2021- Net working capital in 2020
Change in net working capital = $1590- $1720
Change in net working capital = -$130
What is balance sheet?The term balance sheet refers to a financial explanation that reports a company's resources, liabilities, and shareholder value at a particular point in time. Adjust sheets give the premise for computing rates of return for investors and evaluating a company's capital structure.
A balance sheet may be a financial statement that reports a company's resources, liabilities, and shareholder value.
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How is an escorted group tour different from a group tour?
A. The number of people who can go on an escorted group tour is limited by the number of seats on the tour bus, while any number can buy a regular group tour.
B. An escorted group tour is always accompanied by a professional tour director, while regular group tour participants may spend periods of time without a representative from their tour operator.
C. An escorted group tour is always a multiday tour, while a group tour can be only a single day.
D. An escorted group tour always includes accommodations, while a regular group tour may or may not include lodging.
Answer:
B
Explanation:
Garcia industries has sales of $207,500 and accounts receivable of $18,500, and it gives its customers 25 days to pay. The industry average dso is 27 days, based on a 365-day year. If the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8. 0% on any cash freed up by this change, how would that affect its net income, assuming other things are held constant? assume all sales to be on credit. Do not round your intermediate calculations.
Rates: 8%
Sales: 207,500
A/R: 18,500
Days in Year 365
Sales/Day: 568.50
DSO: 40
Industry DSO: 27
(x / 207,500) x 365 = 27
Solve for x = 15,349.31
x = This is the amount Accounts Receivable needs to be lowered to.
18500 - 15,349.31 = 3,150.69 decrease in Accounts Receivable
3,150.69 x 8% = 252.05 Interest earned and addition to net income.
Net income refers to the income of an individual or business after deducting expenses, allowances and taxes. In commerce, net income is what is left in the business after all expenses such as salaries and wages, cost of goods and raw materials, and taxes.
Is Net income the Same as Profit?
Profit simply means the remaining income minus expenses. It exists at multiple levels, depending on the type of cost that is deducted from the revenue. Net income, also known as net profit, is a single number that represents a particular type of profit. Net income is the famous last line of financial statements.
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