Determine the net income for the current fiscal year (FY). Is this income up or down from the prior year? Taking Microsoft into consideration, the net income is $16,798 from the income statement. This figure or income is up from the prior year, with a dif

Determine the net income for the current fiscal year (FY). Is this income up or down from the prior year?

Taking Microsoft into consideration, the net income is $16,798 from the income statement. This figure or income is up from the prior year, with a difference of $4,605. This is a promising figure for the company.

Explain the relevance of changes in net income to investors.