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jonnyjon jonnyjon
wrote...
Posts: 450
5 years ago
What is a firm's net income?

▸ the last or “bottom” line of the income statement

▸ the difference between the sales and other income generated by the firm, and all costs, taxes, and expenses incurred by the firm in a given period

▸ a measure of the firm's profitability over a given period

▸ all of the above
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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mcwieckmcwieck
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Posts: 388
5 years ago
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