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-   -   How to compute net income for current year (https://www.askmehelpdesk.com/showthread.php?t=435283)

  • Jan 14, 2010, 12:27 PM
    erinw1983
    How to compute net income for current year
    If given the changes in the accounts for the year like, cash, a/p, inventory, etc how do u compute the net income from this information?
  • Jan 14, 2010, 06:26 PM
    morgaine300

    Net income is revenues less expenses, so changes in the accounts you names can't determine it.

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