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When preparing a monthly budget, describe how net income is calculated. a. Net income is calculated by taking the expenses subtotal and subtracting the income subtotal. b. Net income is calculated by taking the income subtotal and subtracting the expenses subtotal. c. Subtracting the expenses subtotal from the net income will give you the income subtotal. d. Adding the expenses subtotal to the net income will give you the income subtotal.

Brandon Scott

in Mathematics

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Caroline Campbell on January 16, 2018

Gross income before taxes(or expenses)are taken out....net after-tax income(or expenses).So I think ur answer is : B


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