Accountancy

Quantitative Aptitude (Pb Patwari)

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Net income equal to Revenues minus

Gains

Depreciation

Expenses

capital expenditure

Explanation:

Solution:

Net income equal to Revenues minus Expenses. Revenue is the income generated before any expenses are taken out. Therefore, when a company is said to have "top-line growth," the company's revenue is growing. Revenue is also called net sales which is revenue minus any returns of purchased merchandise.

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