Net Income
Net income is the profit remaining after all expenses, taxes, and interest have been deducted from total revenue. It’s the bottom line of the income statement and reflects the company’s true profitability. A positive net income indicates gain, while a negative figure represents a net loss.
More Items
Net Present Value (NPV)
NPV is a financial metric that calculates the present value of future cash flows, discounted at a specific rate, minus…
Non-monetary Asset
A non-monetary asset is an item that cannot be readily converted to a fixed amount of cash, such as inventory,…
Normal Balance
A normal balance is the expected debit or credit side where increases in an account are recorded. For example, assets…
This website uses cookies to improve your experience. You can accept all or reject non-essential cookies.