Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

In the realm of personal finance, disposable income refers to all of an individual’s income that is left over after taxes and other mandatory payments are accounted for. In other words, it is a person ...

Discretionary income is the amount of money left over after an individual or household has paid for their necessary expenses, like rent, food, and bills. This money can be used for leisure activities, ...

If you are preparing the financial statements for a company, operating income and net sales are two figures that you will likely calculate. A company's net sales and operating income are closely ...

In the table above for the annual income statements of Apple (Nasdaq: AAPL) from 2017 to 2021, the top line item for revenue is labeled net sales. Moving down on the income statement, items are ...