Cage company had a net income of $365 million and average total assets of $2,040 million. its return on assets (ROA) is 17.6%.
Net pay is the sum of all net salaries, less any taxes and any employee benefits. The money that has been placed into your bank account is what you can use to cover your living expenditures and budget.
In other words, Net Salary = Gross Salary - Deductions.
The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.
After deducting costs, allowances, and taxes, an individual or company's net income is what is left over. Net profit in business is the amount that remains after all costs, including salary and wages, the cost of goods and raw materials, and taxes.
Cage company had a net income of $365 million and average total assets of $2,040 million. its return on assets (ROA) is 17.6%.
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