What is the difference between net income and compensation? | Programming, .NET, Silverlight & More

What is the difference between net income and compensation?

I was reading about an accounting firm that had said the net income per partner in the firm and and the average compensation per partner. The net income was $12,000 more than the average compensation. What is the difference between the two?

Possibly they retained $12,000 x number of partners, and thus did not distribute it as compensation. But the terms are somewhat tangled, compensation not being a strict term when partners are involved.

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One Response

  1. Paul D Says:
    February 9th, 2010 at 3:07 am

    Possibly they retained $12,000 x number of partners, and thus did not distribute it as compensation. But the terms are somewhat tangled, compensation not being a strict term when partners are involved.
    References :

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