bottom line definition
In accounting this term means a company's net income, which is the bottom line of the income statement.
In accounting this term means a company's net income, which is the bottom line of the income statement.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.