Is the net income of a year the money the company made that particular year or is it a number whose significance is quite doubtful?

Question added by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town
Date Posted: 2014/03/16

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by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

The net income of a year is not money that accumulates in the safe. Therfore, it is not money the company earned.

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