Talk:Net income
From Wikipedia, the free encyclopedia
Net income and net profit are completely different. Net profit is from a business standpoint, whereas net income is from a personal standpoint (Gross income minus taxes and deductions)
71.153.184.123 19:28, 12 January 2007 (UTC)
-
- Actually, at least in the United States, both terms are used quite often in business and non-business ("personal") settings -- and both are frequently used to describe the same concept. Yours, Famspear 19:45, 12 January 2007 (UTC)
-
- Actually, i'd say that net income is more like gross profit in UK terms. JonF. 15:57 23, February 2007 (UTC)
Leave net income alone. It is used all the time in Real Estate conversation, a field I know a bit about. Who would bring up this suggestion!?