# accounting

posted by .

how do i find the net income

• accounting -

Net income is the difference between revenues and expenses when revenues exceed expenses for a specific time period.

## Respond to this Question

 First Name School Subject Your Answer

## Similar Questions

1. ### accounting

Hi! I can't figure out this question...any help is greatly appreciated! In a common size financial statement, which of the following is given a percentage of 100 percent?
2. ### Accounting

Absorption Income versus Contribution Margin Income Absorption Income versus Contribution Margin Income Given the computations for both gross profit on sales and contribution margin, can you give specific benefits to be derived from …
3. ### Accounting

Based on the following values, calculate the Return on Assets?
4. ### Accounting

Moon Shoe Factory is an investment center and is responsible for all of their net income and the use of their assets. In 2012, the invested assets totaled \$475,000 and net income was \$115,000. What is the rate of return on assets?
5. ### Accounting

If the net income is \$50000, and the cost of goods sold is \$450000. the company's gross profit rate is 40% what are the net sales?
6. ### F

4. A firm's net income last year was \$1.5 million. Its net income grew 5 percent during the last 5 years. If that growth rate continues, how long will it take for the firm's net income to double?
7. ### Finance kennedy king

4. A firm's net income last year was \$1.5 million. Its net income grew 5 percent during the last 5 years. If that growth rate continues, how long will it take for the firm's net income to double?
8. ### Buisness finance

4. A firm's net income last year was \$1.5 million. Its net income grew 5 percent during the last 5 years. If that growth rate continues, how long will it take for the firm's net income to double?
9. ### Accounting

Sandhill’s shareholders’ equity consists only of common shares and retained earnings. Using the change in total shareholders’ equity calculated in above part, (50000) calculate the net income or loss for the year ended December …
10. ### Accounting/math check my answers

Sandhill’s shareholders’ equity consists only of common shares and retained earnings. Using the change in total shareholders’ equity calculated in above part, (50000) calculate the net income or loss for the year ended December …

More Similar Questions