SeriniAngelidn
Answered

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To compute the for income earned from marketed products, you have to deduct the ____________________ from __________________. ​

Sagot :

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Answer:

The Price From The business

Explanation:

hope it helps

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HisokiGRPNXidn

CALCULATING NET INCOME

[tex] \: [/tex]

[tex]{\underline{\huge \mathbb{S} {\large \mathrm {TATEMENT : }}}}[/tex]

To compute the income earned from marketed products, you have to deduct the ____________________ from __________________.

  • [tex]{\tt{ANSWER:}}[/tex][tex]{\underline{\texttt{\purple{\;Expenses from Gross income \;}}}}[/tex]

[tex]======================[/tex]

[tex]{\underline{\huge \mathbb{E} {\large \mathrm {XPLANATION : }}}}[/tex]

[tex]{\Longrightarrow}[/tex] There are two formulas to calculate the income or net income that you have earned from marketed products.

[tex]{\Longrightarrow}[/tex]First, the full method, which is;

  • Net Income = Revenue – Cost of products sold – Expenses

[tex]{\Longrightarrow}[/tex] And the second one is the short or simplified method;

  • Net Income = Gross Income – Expenses

[tex]======================[/tex]

[tex] - \large\sf\copyright \: \large\tt{Athanase}[/tex]

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