Total Net Income is the amount of money a business has made during a given period, taking into account all expenses and taxes that have been paid during that time. It is a measure of a company’s overall profitability, and it should always be examined in context with other financial indicators such as revenue and cash flow. In other words, it tells you how much money a business has made or lost at a given point in time. Understanding total net income can help inform important decisions about the future of your business, so it’s vital to get to know this essential economic measurement.
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