Net Income Definition

Net Income Sentence Examples

• The company posted total revenues for 2007 of $2.234 billion and a net income of $148 million.

• By 1992, Fischer and Camuto had increased annual sales to about 461 million dollars and their net income had increased by nearly 60 percent.

• The amount of child support owed is usually based on the number of minor children in need of support and the non-custodial parent's net income at the time of the divorce agreement.

• The net income for the paying parent and the recipient is calculated by deducting the allowable deductions from each party's gross income.

• Each person's net income is then added together to calculate net income for child support purposes.