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Gross income measures how much total income a company brings in from the sale of its products and services minus the cost of producing those goods and services. In contrast, net income is the profit ...

In simple terms, a company's net income is its total revenue minus all business expenses, taxes and debt payments. A business with costs greater than the amount of revenue it brings in over the course ...

When you are figuring out how well your company's doing, gross sales revenue is a poor measure. Net income, meaning the amount you have left after paying your bills, is a better measure of your ...