The correct option is D ; Net income , Net income appears at the bottom of the income statement, however it only takes into account costs and revenue that were spent or generated. Large businesses, in particular, can experience profits or losses due to changes in the value of particular assets.
Revenue, costs, and net profit are all included on the income statement. The components of the income statement include: revenue; cost of sales; sales, general, and administrative expenditures;
other operating expenses; non-operating income and expenses; gains and losses; non-recurring items; net income; and EPS.
Net income is the remaining accounting profit a business has after covering all of its costs. Sales revenue is multiplied by COGS, SG&A, depreciation and amortization, interest expenditure, taxes, and any other costs to arrive at net income.
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Which of the following appear at the end of the income statement?
A. Sole Proprietorship
B. Partnership
C. Corporation
D. Net income
