BUS 38 Business Computations

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Following are some steps in computing business income as per the course BUS 38 Business Computations:

• We are identifying all the products and services sold in a given period and then total the amount.
• To compute your business income.
• Subtract your total expenses against your total revenue.

Also following is the procedure for computation of business income under course BUS 38 Business Computations:

To start the calculation following steps should be followed:

• Calculate your total revenue.
• You are subtracting the business's expenses and operating costs from your total revenue. It calculates the business's income before tax.
• You are deducting taxes from this amount to find your business's net income. Your net income will be your business income.

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