For example, suppose that your gross income is $50,000 and you have $20,000 in deductions and credits. This leaves you with a taxable income of $30,000. Then, suppose that another $5,000 of income tax is subtracted; the remaining $25,000 will be your net income.EFINITION of 'Net Income-NI'. 1. A company's total earnings (or profit). Net income is calculated by taking revenues and adjusting for the cost of doing business, depreciation, interest, taxes and other expenses.
Ripping a CD is just simply copying the music off a CD and converting it into an audio file like an MP3, WMA, AAC, WAV. To rip a CD means to take it from your CD and put it into your computer's memory. That way you can play your music on your computer without having to put the CDs into your disc drive all the time. To rip a CD just call up your Windows Media Player.
In Windows 7 and Windows 8, you can rip the audio CDs directly to MP3 format, no need to convert them to from one format to another. To get started ripping music from an audio CD, go ahead and pop it into your CD/DVD drive.If Windows Media Player was not already open when you put the CD in, a small window will pop up called the Now Playing mode and when you hover your mouse over the album artwork, youâll see a small button to rip the CD.n Windows 7 and Windows 8, you can rip the audio CDs directly to MP3 format, no need to convert them to from one format to another. To get started ripping music from an audio CD, go ahead and pop it into your CD/DVD drive.