Applicant Selectivity: Medium. When determining how difficult it is for students to get into University of North Carolina at Charlotte, ACT/SAT test scores and high school average GPA ranges of accepted students of previous years can help estimate the selectivity of a school. score in the range of 1450 to 1710 on the SAT exam, or 20 to 25 on the ACT exam is among the 25th - 75th percentile range among accepted students.
A budgeted income statement provides useful information for making these decisions. Budgeted operating income and budgeted net income both appear on the budgeted income statement. The operating income refers to money earned through operational activities. Net income refers to money earned from all activities. Budgeted operating income provides more value to the business owner as she considers the income generated from the primary business rather than additional activities.
Net Income. Definition: Net income is the excess of revenues over expenses. This measurement is one of the key indicators of company profitability, along with gross margin and before-tax income. A common calculation for net income is: Net revenue-Cost of goods sold-Administrative expenses-Income taxes = Net income.