What does annual net income on a card application mean? (creditcards.com)
For example, if a company makes quarterly distributions to shareholders of $ 1,000 and records annual net income of $ 10,000, its dividend payout ratio equals 40 percent (four payments totaling $ 4,000 divided by net income of $ 10,000.) (sapling.com)
Next, we estimated Seahawk's annual net income by multiplying the ratio of Seahawk's 2008 net income to Pride's GOM operation's 2008 net income (67 %) against the GOM operation's net income during 2006 and 2007. (greenbackd.com)