Question

A business' Net Income is defined as ___. *

A. total sales before expenses

B. total funds leftover after expenses

C. total dividends paid to investors

D. total expenses before sales

Answer 1

firstly, do you know what net income is?

Answer 2

No not really

Answer 3

First, you want to know what "Net" is.
A net is what you own minus what you owe. It's the total value of everything you own—including your house, cars, investments, and cash—minus your liabilities.
SO, From that look, at your answers to see what best matches the "Net" definition

Answer 4

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Hallsville
No not really
\(\color{#0cbb34}{\text{End of Quote}}\)
net income is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period. so can you rule out any answers based on that?

Answer 5

I think D and A can be ruled out

Answer 6

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Hallsville
I think D and A can be ruled out
\(\color{#0cbb34}{\text{End of Quote}}\)
correct becouse those don't deal with the income

Answer 7

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Honda
\(\color{#0cbb34}{\text{Originally Posted by}}\) @Hallsville
I think D and A can be ruled out
\(\color{#0cbb34}{\text{End of Quote}}\)
correct becouse those don't deal with the income
\(\color{#0cbb34}{\text{End of Quote}}\)
*because* come on honda XDD

Answer 8

lol

Answer 9

now net income is the business's earnings so which one doesn't mention the business?

Answer 10

\(\color{#0cbb34}{\text{Originally Posted by}}\) @rocfp
\(\color{#0cbb34}{\text{Originally Posted by}}\) @Honda
\(\color{#0cbb34}{\text{Originally Posted by}}\) @Hallsville
I think D and A can be ruled out
\(\color{#0cbb34}{\text{End of Quote}}\)
correct becouse those don't deal with the income
\(\color{#0cbb34}{\text{End of Quote}}\)
*because* come on honda XDD
\(\color{#0cbb34}{\text{End of Quote}}\)
thanks

Answer 11

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Honda
\(\color{#0cbb34}{\text{Originally Posted by}}\) @rocfp
\(\color{#0cbb34}{\text{Originally Posted by}}\) @Honda
\(\color{#0cbb34}{\text{Originally Posted by}}\) @Hallsville
I think D and A can be ruled out
\(\color{#0cbb34}{\text{End of Quote}}\)
correct becouse those don't deal with the income
\(\color{#0cbb34}{\text{End of Quote}}\)
*because* come on honda XDD
\(\color{#0cbb34}{\text{End of Quote}}\)
thanks
\(\color{#0cbb34}{\text{End of Quote}}\)
mhm ;o

Answer 12

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Honda
now net income is the business's earnings so which one doesn't mention the business?
\(\color{#0cbb34}{\text{End of Quote}}\)
B doesn't

Answer 13

\(\color{#0cbb34}{\text{Originally Posted by}}\) @Hallsville
\(\color{#0cbb34}{\text{Originally Posted by}}\) @Honda
now net income is the business's earnings so which one doesn't mention the business?
\(\color{#0cbb34}{\text{End of Quote}}\)
B doesn't
\(\color{#0cbb34}{\text{End of Quote}}\)
then b is ruled out.

Answer 14

so it be C

Answer 15

Thanks guys

Answer 16

@Honda great job!

Answer 17

yes that is correct. anytime you need me just tag me.