TeachMeFinance.com - explain Contribution to net income
Contribution to net income The term 'Contribution to net income' as it applies to the area of energy can be defined as ' The FRS (Financial Reporting System survey) segment equivalent to net income. However, some consolidated items of revenue and expense are not allocated to the segments, and therefore they are not equivalent in a strict sense. The largest item not allocated to the segments is interest expense since this is regarded as a corporate level item for FRS purposes'.
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