Net Income Is Equal to Which One of the Following

question 30

Multiple Choice

Net income is equal to which one of the following?

• A)operating income plus interest expense minus taxes
• B)gross profit minus depreciation and interest expense
• C)pretax income plus income taxes
• D)dividends plus the change in retained earnings
• E)pretax income minus taxes and dividends

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Definitions:

Role-making

The process by which individuals create and define their own roles within a society or group, often shaping their social interactions and personal identities.

Role Distancing

A sociological concept describing how individuals may try to separate their identity from the roles they are expected to play to avoid fully embracing the identity associated with those roles.

Mediated Interaction

Communication or social interaction that takes place through a mediating tool, such as technology or media, rather than face-to-face.

Technologies

Are the application of scientific knowledge for practical purposes, especially in industry.