Net Income Greater Than Revenue
This is a non recurring non operating transaction.
Net income greater than revenue. The net income is always lower than the revenue. People often refer to net income as the bottom line as it is the last line item on an income statement. The reason the numbers look so funky in 2014 was that yahoo. The resulting anomalous net earnings has nothing to do with their revenues.
If revenues exceed expenses it is a net income and vice versa. The formula for net income is simply total revenue minus total expenses. Net income or net loss is equal to the sum of all revenues in the period minus the sum of all expenses in the period. Income or net income is a company s total earnings or profit.
The net income is the last item on an income statement. Revenue is the total amount of income generated by the sale of goods or services related to the company s primary operations. Net income and net loss represent the change in the business s financial circumstances because of it running its revenue producing operations for the period. On the other hand the net income is the subset of the net income.
Net revenue is the third item on an income statement. The revenue is always more than the net income.