An income available for shareholders after deducting expenses and taxes from revenues is classified as______________?

Academy of PakistanTest & Learning

804Active Users

Academy of PakistanTest & Learning

804Active Users

64FinanceMedium

ANet earnings

BNet expenses

CNet revenues

DNet income

Correct answer

D. Net income

Explanation

Net income is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

An income available for shareholders after deducting expenses and taxes from revenues is classified as______________? - Answer and Explanation | Academy of Pakistan