What is the difference between net income and compensation? - what is the average credit limit
I have an accounting firm said that net profit per partner in the firm and partner compensation and a half. Net income was $ 12,000 more than the average wage. What is the difference between the two?
3 comments:
The compensation is received regular monthly payment. while net income is the share of profits from the company operations.
Deductions
Deductions
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