👉 "ebbets" is a term used in the context of accounting and finance to refer to the process of calculating net income. It refers to the difference between the amount of earnings that would be available after deducting all expenses, taxes, and other charges as well as any necessary reserves or distributions for future years. The "ebbets" method involves using a formula to calculate net income based on the following steps: 1. Calculate total revenue: Add up all the sources of revenue from operations.
