Can someone explain me the net income part?
I did not understand why we have removed the negative signs and what it implies
1 answers ( 0 marked as helpful)
Hey Muskan.
the net income is obtained by summing the values in (amounts) column for each year using the following equation:
the net income= total revenues - total expenses.. however, the result should be zero since the net income was signed to (-).
Submit an answer
