What Is Net Income?

Net income is an important metric for businesses because it represents the money left over that can be distributed to shareholders, invested back into the business, or saved for a future use.

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Janet Berry-Johnson

by Janet Berry-Johnson

A freelance writer with a background in accounting and income tax planning and preparation for individuals and small ...

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Updated on: November 30, 2023 · 3 min read


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This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

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