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BoolQ / is net earnings and net income the same

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is net earnings and net income the same
passage · full text (545 characters)
In business, net income (total comprehensive income, net earnings, net profit, informally, bottom line) is an entity's income minus cost of goods sold, expenses and taxes for an accounting period. It is computed as the residual of all revenues and gains over all expenses and losses for the period, and has also been defined as the net increase in shareholders' equity that results from a company's operations. In the context of the presentation of financial statements, the IFRS Foundation defines net income as synonymous with profit and loss.

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Source and history

task_id
ddafbbe9-08e5-5795-a5fb-f136b6d469ac
task_key
default--validation--ddafbbe9-08e5-5795-a5fb-f136b6d469ac
task_revision_id
1
config / split
default / validation

Official source

initial import