glennalavador glennalavador
  • 13-01-2022
  • Business
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Firm’s latest financial statements, what does bottom line means?

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RAJPUTANS
RAJPUTANS RAJPUTANS
  • 13-01-2022

Answer:

The bottom line is a company's net income, or the "bottom" figure on a company's income statement. More specifically, the bottom line is a company's income after all expenses have been deducted from revenues. These expenses include interest charges paid on loans, general and administrative costs, and income taxes.

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