In the table above for the annual income statements of Apple (Nasdaq: AAPL) from 2017 to 2021, the top line item for revenue is labeled net sales. Moving down on the income statement, items are ...

Gross income measures how much total income a company brings in from the sale of its products and services minus the cost of producing those goods and services. In contrast, net income is the profit ...

In simple terms, a company's net income is its total revenue minus all business expenses, taxes and debt payments. A business with costs greater than the amount of revenue it brings in over the course ...

When you are figuring out how well your company's doing, gross sales revenue is a poor measure. Net income, meaning the amount you have left after paying your bills, is a better measure of your ...

Gross income is total revenue minus production costs; it doesn't include other business expenses. Net income subtracts all costs from gross, showing true profit. Understanding gross vs. net helps ...

In the realm of personal finance, disposable income refers to all of an individual’s income that is left over after taxes and other mandatory payments are accounted for. In other words, it is a person ...