Use the toliowng approprate amournts to cacilate net ncome R

Use the toliowng approprate amournts to cacilate net ncome Revenus 10600, saboinies $es 53,00 s $1.90 ea51.600 O $6.950 O $14,300 O $5.900 o $7300

Solution

Solution - (d) Calculation of Net income

Dividend are not considered as part of Net income. Dividenda do not effect net income on income statement. It is part of retained earnings which ultimately gets reduced from equity value of company

Particulars	Amount
Revenue	$10600
Less : Expenses	$3300
Net Income	$7300