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Net Income
This is the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, showing the company's profitability.
Income Ratio
A financial metric that measures the amount of income generated relative to another financial metric, such as sales or assets.
Net Income
The residual income of a firm after adding total revenue and gains and subtracting all expenses and losses for the reporting period, effectively the company's profit.
Subsidiary Ledger
A detailed ledger that contains the individual accounts related to a specific main account, aiding in the organization and breakdown of financial information.
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