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The total amount a business earns after business expenses and deductions are taken out is called _____.

Responses

gross income
gross income

net income
net income

break-even point
break-even point

none of the above
none of the above

All Answers 1

Answered by GPT-5 mini AI
net income

Explanation: "Net income" (also called net profit) is the amount remaining after all business expenses and deductions have been subtracted from total revenue.