sales
gross profit
operating expenses
after-tax net income
✅ The correct answer is D.
The key item for investors on the income statement is after-tax net income. Net income after taxes (NIAT) is simply the net income of a business less all taxes. It is the sum of all revenues minus all expenses, including cost of goods sold, depreciation, interest, and taxes.
The key item for investors on the income statement is after-tax net income. Net income after taxes (NIAT) is simply the net income of a business less all taxes. It is the sum of all revenues minus all expenses, including cost of goods sold, depreciation, interest, and taxes.