Net Income using Profit Based Valuation Solution

STEP 0: Pre-Calculation Summary
Formula Used
Net Income = Gross Income-Outgoings of Repairs
NI = gI-O
This formula uses 3 Variables
Variables Used
Net Income - Net income is a company's total earnings.
Gross Income - Gross Income is the total income and includes all receipts from various sources the outgoing and the operational and collection charges are not deducted.
Outgoings of Repairs - Outgoings of Repairs include various types of repairs such as annual repairs, special repairs, immediate repairs, etc.
STEP 1: Convert Input(s) to Base Unit
Gross Income: 200520 --> No Conversion Required
Outgoings of Repairs: 520 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
NI = gI-O --> 200520-520
Evaluating ... ...
NI = 200000
STEP 3: Convert Result to Output's Unit
200000 --> No Conversion Required
FINAL ANSWER
200000 <-- Net Income
(Calculation completed in 00.004 seconds)

Credits

Created by Chandana P Dev
NSS College of Engineering (NSSCE), Palakkad
Chandana P Dev has created this Calculator and 500+ more calculators!
Verified by Mithila Muthamma PA
Coorg Institute of Technology (CIT), Coorg
Mithila Muthamma PA has verified this Calculator and 700+ more calculators!

17 Valuation Engineering Calculators

Annual Installment for Sinking Fund
Go Annual Installment = Sinking Fund*Rate of Interest/((1+Rate of Interest)^Number of Years Money is Invested-1)
Coefficient of Annual Sinking Fund
Go Coefficient of Sinking Fund = Rate of Interest/((1+Rate of Interest)^Number of Years Money is Invested-1)
Annual Sinking Fund using Sinking Fund Method
Go Annual Sinking Fund = Rate of Interest/((1+Rate of Interest)^Life of Asset in Years-1)
Percentage Rate of Annual Depreciation
Go Percentage Rate of Annual Depreciation = 1-(Scrap Value/Original Cost)
Years Purchase when Sinking Fund is Recovered
Go Years Purchase = 1/(Rate of Interest on Capital+Rate of Sinking Fund)
Rate of Sinking Fund given YP
Go Rate of Sinking Fund = (1/Years Purchase)-Rate of Interest on Capital
Coefficient of Annual Sinking Fund given Sinking Fund
Go Coefficient of Sinking Fund = Annual Installment/Sinking Fund
Annual Installment given Sinking Fund
Go Annual Installment = Coefficient of Sinking Fund*Sinking Fund
Sinking Fund for Buildings
Go Sinking Fund = Annual Installment/Coefficient of Sinking Fund
Capitalized Value using Profit Based Valuation
Go Capitalized Value = Net Rental Income*Years Purchase
Capitalized Value
Go Capitalized Value = Net Rental Income*Years Purchase
Gross Rent given Net Rent in Rental Method
Go Gross Rent = Net Rental Income+Outgoings of Repairs
Net Rent using Rental Method of Valuation
Go Net Rental Income = Gross Rent-Outgoings of Repairs
Outgoings using Rental Method
Go Outgoings of Repairs = Gross Rent-Net Rental Income
Net Income using Profit Based Valuation
Go Net Income = Gross Income-Outgoings of Repairs
Rate of Interest given Years Purchase
Go Rate of Interest = 100/Years Purchase
Years Purchase
Go Years Purchase = 100/Rate of Interest

Net Income using Profit Based Valuation Formula

Net Income = Gross Income-Outgoings of Repairs
NI = gI-O

What is the difference between Gross Income and Net Income?

For individuals, gross income is the total pay you earn from employers or clients before taxes and other deductions. That makes a business' net income equal to profit, or net earnings. A long-term financial plan should account for your income taxes.

How to Calculate Net Income using Profit Based Valuation?

Net Income using Profit Based Valuation calculator uses Net Income = Gross Income-Outgoings of Repairs to calculate the Net Income, The Net Income using Profit Based Valuation formula is defined as an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period. Net Income is denoted by NI symbol.

How to calculate Net Income using Profit Based Valuation using this online calculator? To use this online calculator for Net Income using Profit Based Valuation, enter Gross Income (gI) & Outgoings of Repairs (O) and hit the calculate button. Here is how the Net Income using Profit Based Valuation calculation can be explained with given input values -> 200000 = 200520-520.

FAQ

What is Net Income using Profit Based Valuation?
The Net Income using Profit Based Valuation formula is defined as an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period and is represented as NI = gI-O or Net Income = Gross Income-Outgoings of Repairs. Gross Income is the total income and includes all receipts from various sources the outgoing and the operational and collection charges are not deducted & Outgoings of Repairs include various types of repairs such as annual repairs, special repairs, immediate repairs, etc.
How to calculate Net Income using Profit Based Valuation?
The Net Income using Profit Based Valuation formula is defined as an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period is calculated using Net Income = Gross Income-Outgoings of Repairs. To calculate Net Income using Profit Based Valuation, you need Gross Income (gI) & Outgoings of Repairs (O). With our tool, you need to enter the respective value for Gross Income & Outgoings of Repairs and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
Let Others Know
Facebook
Twitter
Reddit
LinkedIn
Email
WhatsApp
Copied!