Using the table calculate the net income

a

N58m

b

N54m

c

N50m

d

N46m

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Correct Option
d

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Discussions (3)

Deepathfinder
2 months ago

I thought he answer is supposed to be 50 since we're dealing with net income not gross income . so I don't think we need to subtract the depreciation

Gabbynusi
1 year ago

Formula for Net Income = Total Income - Total Expense.
1. income-38
2. income-11
3. expense-1
4. income-2
5. expense-4
38+11-1+2-4= 46m

Alex0vi0
2 years ago

ah ah explain naw

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