Question
The Income calculated by taking revenues and
subtracting the costs of doing business such as depreciation, interest, taxes and other expenses is known as:Solution
Net income (NI) is a company's total earnings (or profit); net income is calculated by taking revenues and subtracting the costs of doing business such as depreciation, interest, taxes and other expenses. This number appears on a company's income statement and is an important measure of how profitable the company is over a period of time. Net income also refers to an individual's income after taking taxes and deductions into account. Operating Profit is a profit from business operations (gross profit minus operating expenses) before deduction of interest and taxes. Total revenue in economics refers to the total receipts from sales of a given quantity of goods or services. It is the total income of a business and is calculated by multiplying the quantity of goods sold by the price of the goods.
In each group of questions below are two conclusions followed by five set of statements. You have to choose the correct set of statements that logical...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Two statements are given followed by two conclusions numbered I & II. Assuming the statements to be true, even if they seem to be at variance with comm...
Three statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at varia...
Statements:
No apple is mango
Some orange are papaya
All papaya are apple
Conclusion:
I. Some orange are not mango
Statements: All Puma are Nike.
         All Adidas are Nike.
                           All Nike...
- In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if they ...
Statements:
Only a few Planet is Mars.
No Mars is Pluto.
Only Pluto is Saturn.
Conclusions:
I. Some Saturn can never ...
Statements:
Only like is love.
Mostly like is comment.
Some comments are subscribe.
Conclusions:In the question below some statements are given followed by three conclusions I, II, and III. You have to take the given statements to be true even if ...
