How to calculate net income
Read moreHow do I calculate net income from gross?
Net Income = Gross Profit — Operating Expenses — Other Business Expenses — Taxes — Interest on Debt + Other Income .
Read moreHow do I calculate my salary for the year?
Multiply the number of hours you work per week by your hourly wage. Multiply that number by 52 (the number of weeks in a year) . If you make $20 an hour and work 37.5 hours per week, your annual salary is $20 x 37.5 x 52, or $39,000.
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