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Net profit can also be referred to as Net income.

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Amanda Barbosa
2 years ago
Question 6 of 18
Career development
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Net profit can also be referred to as Net income.

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Retail Sales: Fundamental Formulas You Should Know
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Why?

Net profit, or net income, is used to estimate a business’s profit from the total revenue. The term is often referred to as a company's 'bottom line'. It is a measure of a business’s success or otherwise.
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Take a look at the video below by the Corporate Finance Institute about Net Income and check the link below if you want to read more about it. https://www.youtube.com/watch?v=X25RV1mi4LU
Source: "Net Income" on corporatefinanceinstitute.com "Net profit definition: what is net profit?" on capital.com

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