Triad Healthcare Financial Data shows revenue $2,600,000 and expenses $2,300,000. What is Triad's net income?

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Multiple Choice

Triad Healthcare Financial Data shows revenue $2,600,000 and expenses $2,300,000. What is Triad's net income?

Explanation:
Net income is the amount left after subtracting expenses from revenue. Here, revenue is 2,600,000 and expenses are 2,300,000. Subtracting gives 2,600,000 − 2,300,000 = 300,000. Since revenue exceeds expenses, the result is positive, indicating net income of 300,000. The other numbers would require either higher losses (expenses > revenue) or a much larger profit, which isn’t supported by the given data. So the choice that shows 300,000 is the correct one.

Net income is the amount left after subtracting expenses from revenue. Here, revenue is 2,600,000 and expenses are 2,300,000. Subtracting gives 2,600,000 − 2,300,000 = 300,000. Since revenue exceeds expenses, the result is positive, indicating net income of 300,000. The other numbers would require either higher losses (expenses > revenue) or a much larger profit, which isn’t supported by the given data. So the choice that shows 300,000 is the correct one.

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