Net income seems straightforward: It is the result when expenses (administrative expenses, business expenses, interest expenses, operating costs and other expenses) are subtracted from revenue. This ...

Lucy Lazarony is an experienced personal finance journalist and writer who got her start in 1998 writing about financial topics. She writes accessible and easy-to-understand articles about credit, ...

Net worth is calculated by subtracting total liabilities from total assets. Your net worth can fluctuate over time. Having a negative net worth is not necessarily problematic. Income isn’t the only ...

For individuals, your gross income is the total amount of earned income that you can find on your paycheque before any taxes and deductions are taken off. It considers all sources of income from your ...

Income statements detail revenue, expenses, and net income from top to bottom. Reading starts with revenue, deducts expenses, and ends with net income. Subtotal figures help identify missing account ...

Learn about gross, operating, and net profit margins, how each is calculated, and how businesses and investors can use them ...

In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ...

We’re intrigued by the net worth of celebrities, business magnates, politicians and sports heroes. But knowing our own net worth can be useful for us mere mortals, too. It may seem like learning your ...

Net sales show the true revenue your business makes from selling products or services, after subtracting returns, allowances and discounts. To find net sales, begin with your total sales and deduct ...