Multiple Choice
Which of the following terms refers to the difference calculated by subtracting income taxes from the operating income of an organization?
A) Gross revenue
B) Net income
C) Gross profit
D) Cash flow
E) Leverage
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q51: Which of the following describes a liability?<br>A)
Q52: Which of the following bodies formulates the
Q53: A company with a very high amount
Q54: What two sources of capital make up
Q55: In order to increase the quality of
Q57: Revenue from the earnings of a particular
Q58: The International Accounting Standards Board is the
Q59: Which of the following terms refers to
Q60: Which of the following terms refers to
Q61: When valuing assets,the U.S.GAAP allows an asset