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On a phylogenetic tree, which of the following would you expect to have evolved first?
Net Income
Net income is the profit a company has left over after all its expenses, taxes, and costs have been subtracted from total revenue.
Net Sales
The remaining revenue from sales after removing expenses related to returns, provisions for defective or unaccounted-for goods, and concessions.
Return on Total Assets
Return on total assets (ROTA) is a financial ratio that measures the profitability of a company in relation to its total assets.
Net Income
The total profit of a company after all expenses and taxes have been subtracted from total revenues.
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