Net income is ________.
A) the accounting profit from the operations of the company during the period
B) cash flow
C) the accounting profit from the non-operating assets of the company during the period
D) always the dividends paid shareholders

Question

Quizplus · Accepted Answer

Net income is the accounting profit from the operations of the company during the period. It represents the revenue earned by the company minus all expenses, including taxes and interest. It does not include cash flow, dividends paid to shareholders, or profits from non-operating assets.

Net Income Is ________