A company's total revenue less total expenses, showing what a company earned (or lost, called net loss) for a set period, usually one year Listed often literally as the "bottom line" on the statement of earnings Also called net earnings and net profit
The balance remaining to the LEA after deducting from the gross revenue for a given period all operating expense and income deductions during the same period
Also referred to as NET PROFIT or NET EARNINGS The earnings of an organisation after deducting taxation and all other expenses This is obviously an important measure of a company’s performance, but you should remember to allow for the inflation rate when comparing one year’s net income with another’s
Excess or deficit of total revenues and gains compared with total expenses and losses for an accounting period See also: Income Statement (IS) Topic areas: Fundraising and Financial Sustainability
Also known as the bottom line, this is the profit a company realizes after all costs, expenses and taxes have been paid It is calculated by subtracting business, depreciation, interest and tax costs from revenues Investors often pay too much attention to net income, the calculation of which can be easily manipulated by accountants A better measure of corporate growth, some analysts say, is cash flow Net income is also called earnings or net profit BACK TO TOP
As relates to the food stamp program, net monthly income is an amount calculated for each food stamp household that, together with its size, effectively determines its food stamp benefit It is calculated by reducing the household's total cash monthly income by a series of deductions The lower a household's net income, the larger its food stamp benefit