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.
SBI cards Pvt Ltd joined hands with ______ for Card Tokenization to Protect Cardholders’ Data.
Total members countries in Organization for Economic Cooperation and Development?
Who among the following was the first female chairperson of State Bank of India?
Consider the following statement about National Company Law Tribunal (NCLT):
1. It is a quasi-judicial body.
2. It adjudicates issues rela...
Which of the following is NOT a type of deposit account in banking?
What is the maximum period for which a Public Sector Bank (PSB) can hold a NonPerforming Asset (NPA) before it must be classified as a loss asset?
Which financial institution in India operates the Pradhan Mantri Mudra Yojana (PMMY), aimed at providing loans to micro enterprises?
Government of India, in consultation with the Reserve Bank of India, introduced a Credit Guarantee Scheme in which of the following year?
What is the primary objective of the AI-powered financial super app ‘Jumpp’ launched by Finvasia and YES Bank?
Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD ______ per financial year.