Unique Skill ID: KS126XY72XMMYBGMY9NR

Net Income

Net income is a financial metric that measures the amount of money a company has left over after deducting all of its expenses from its revenue, during a specific period of time. It is an important indicator of a company's profitability and financial health, and requires specialized skills in accounting and financial analysis to accurately calculate and interpret. Businesses use net income to make strategic decisions, such as investing in new projects, paying dividends to shareholders, or arranging financing.

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