Net Income Is Calculated As

question 41

Multiple Choice

Net income is calculated as:

• A) total revenue - total operating expenses.
• B) total revenue - total operating expenses - taxes.
• C) asset utilization - expense ratio.
• D) asset utilization - expense ratio - tax ratio.
• E) interest expense ratio - non-interest expense ratio - provision for loan loss ratio.

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Definitions:

Muscle Unit

Refers to a motor unit, the smallest functional element of a muscle, consisting of a motor neuron and the skeletal muscle fibers it innervates.

Sarcomere Contraction

The process of muscle fibers shortening, caused by the sliding of actin and myosin filaments within the sarcomere, the fundamental unit of muscle contraction.

Myosin

ATP-dependent motor protein; makes up the thick filaments in a sarcomere.

Actin

A globular protein that forms filaments, which are vital components of the cytoskeleton in all eukaryotic cells, involved in cell movement and structure.