Jenna asked her accountant to prepare a summary of the company's "bottom line." What specific information is Jenna interested in?
A) the company's financial position for that week
B) net income after taxes
C) comparison of assets and liabilities
D) statement of owners' equity

Question

Quizplus · Accepted Answer

The "bottom line" generally refers to the company's net income after taxes, which provides a measure of the company's profitability.

Jenna Asked Her Accountant to Prepare a Summary of the Company's