Net Income = Total income – Total expenses.
|Description||Income / Expense||Amount / Total|
|(+) Other Income and Interest on Deposits||$14,000.00|
|(-) Cost of Sold Goods||$120,000.00|
|(-) Operation Expenses||$153,000.00|
|(-) Depreciation of Furniture, Fixtures and Equipment||$17,600.00|
|EBIT / Net Income||$223,900.00|
|(-) Income Tax||$7,300.00|
|Net Income (for the year)||$216,600.00|
|(+) Income Tax||$7,300.00|
|(-) Other Income and Interest on Deposits||$14,300.00|
(figures are purely for illustration purposes)
This article will now help you find this figure accurately, and conduct a good research on the stock market and some specific stocks too. So follow these methods and get a better idea of the investments that you are planning to make.