Management Accounting Terminology

1 words in this vocabulary list

noun a company's total revenue minus total expenses, taxes, and other costs

  • The company reported a net income of $1 million for the quarter.
  • The business made a profit of $1 million after all expenses were deducted.
  • The company's bottom line was $1 million in the green.
  • After all the dust settled, the net income was a shining beacon of success.