Multiple Choice
The net income of a company is equal to the total profit or loss minus:
A) assets and liabilities.
B) equity.
C) sales.
D) expenses,including taxes.
E) income and profits.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q46: Which of the following equations is correct?<br>A)Profit
Q47: All asset accounts are listed in descending
Q48: _ refer to calculations that measure an
Q49: Derek,an accountant,allocates the cost of a piece
Q50: Which of the following equations describes the
Q52: _ brings the complex information from a
Q53: A Certified Public Accountant has the right
Q54: One of the ways to analyze a
Q55: Companies record their _ in the revenue
Q56: Vikram is an accountant employed by a