Gross Income Vs Net Income| CPA Explains What to Look For in Both

Gross Income vs Net Income

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Have you ever noticed a difference between gross income and net income when reviewing a company's financial statements?

You should. These are 2 very important metrics and are usually 2 very different amounts.

Depending if they are high or low will impact how you make business and investing decisions.

In this video, I will break down the difference between gross income and net income and what you should be looking for as a business owner and investor.

Watch to learn more.

Outline:
Intro: (0:00)
What is gross income: (1:23)
Whar is net income: (2:17)
Pros of gross income: (3:05)
Cons of gross income: (3:28)
Pros of net income: (3:58)
Cons of net income: (4:15)
How investors use gross income and net income: (4:39)
How business owners use gross income and net income: (6:51)
Industry-standard consideration: (7:35)

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).