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bottom line

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

In accounting this term means a company’s net income, which is the bottom line of the income statement.

Dictionary

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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