on the income statement, what is the bottom line item?\nsalary expenses\nnet income\ngross sales
on the income statement, what is the bottom line item?\nsalary expenses\nnet income\ngross sales
Answer
Answer:
B. Net Income
Brief Explanations:
The bottom - line item on an income statement is net income, which represents the final profit after all expenses and revenues are accounted for. Salary expenses are an operating expense, and gross sales are revenue before deductions.