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solmaris [256]
3 years ago
8

___________-reflects the true cash position of the company, and can differ from the balance that reflects the money that the bus

iness is left with after paying its operating expenses, interest expense, and taxes.
Business
1 answer:
ch4aika [34]3 years ago
3 0

Answer: net income

Explanation: Net income (also gross taxable revenue, net profit, end result, selling profit, or credit revenue) in company and accounting is a measure of a branch's profitability.

It is the revenue of a company versus the cost of selling goods, depreciation and amortization, taxes, and interest for a reporting period.Net earnings can be paid as a reward or kept by the corporation as an extension to uninvested cash by owners of common shares.

Although profit and earnings are interchangeably used mostly for income, net earnings and net profit are commonly observed as descriptors of net income.

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