Answer:
C)revenues minus all costs including debt payments and taxes
Explanation:
Net income refers to money that remains after deducting all expenses from revenue. Net income is the profits made by a business after accounting for all its costs. It is the rewards that a business owner gets for investing in the venture.
Net income is obtained by subtracting total cost from net sales. The net sale is the value of all the sales minus sales returns and discounts allowed. It also knows as the total revenue. Total cost refers to the aggregation of fixed costs, the variable costs, mixed costs, and taxes.
