Which of the following terms refers to the difference calculated by subtracting income taxes paid from the operating income of an organization?
A) gross revenue
B) net income
C) gross profit
D) cash flow
E) leverage

Name: Which of the following terms refers to the difference calculated by subtracting income taxes paid from the operating income of an organization? A) gross revenue B) net income C) gross profit D) cash flow E) leverage
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

B)Net income is operating income minus taxes.

Which of the Following Terms Refers to the Difference Calculated