Psychology is both an academic and applied discipline involving the scientific study of mental processes and behavior. Psychologists study such phenomena as perception, cognition, emotion, personality, behavior, and interpersonal relationships. Psychology also refers to the application of such knowledge to various spheres of human activity, including issues related to daily lifeâe.g.
Question and answer. __________ is the amount a business earns after deducting what it spends for salaries and other expenses. Revenue is the amount a business earns after deducting what it spends for salaries and other expenses. Log in to see link for more information. Added 2/16/2015 8:36:47 AM. This answer has been confirmed as correct, not copied, and helpful. Confirmed by Andrew. [2/16/2015 1:25:49 PM], Rated good by Andrew.
For a company, net income is the residual amount of earnings after all expenses have been deducted from sales. In short, gross income is an intermediate earnings figure before all expenses are included, and net income is the final amount of profit or loss after all expenses are included. For example, a business has sales of $1,000,000, cost of goods sold of $600,000, and selling expenses of $250,000. Its gross income is $400,000 and its net income is $150,000.