Net income, net earnings, bottom line—this important metric goes by many names. Here’s how to calculate net income and why it matters.

Our expert bookkeepers here at Bench have built an income statement template in Excel that you can use to assess the financial health of your business and turn your financial information into …

To calculate return on assets, you need to know two numbers: net income and average assets. Return on assets is only calculated over a fiscal year of activity; you need at least 12 months …

Quickly calculate your company's earnings before interest, taxes, depreciation, and amortization to assess operational performance and make informed business decisions.

Discover the financial strength of your business through retained earnings. Learn to find, calculate, and leverage this key metric for long-term success.

To calculate your self-employment tax, start by finding your net earnings from self-employment. You can calculate your net earnings for tax purposes by subtracting your business expenses …

Feb 28, 2024 · The cash flow statement makes adjustments to the information recorded on your income statement, so you see your net cash flow—the precise amount of cash you have on …

Net income: your bottom line—quite literally, since it’s at the bottom of the income statement. This is the amount your business pockets after all of its operating expenses, taxes paid, and …

If you’re a full-time employee, it’s usually a simple matter of consulting the tax tables for the year, and calculating your income tax on Form 1040. If you’re self-employed or run your own …

The year-over-year growth formula is one of the single most reliable ways of tracking your long-term growth. Here's how to calculate and use it in your business.