What financial metric represents the profit available for distribution after all expenses have been deducted?

The financial metric that accurately reflects the profit available for distribution after all expenses have been deducted is net income. Net income is derived after subtracting all operational costs, interest, taxes, and other expenses from total revenue. This figure provides a clear view of the actual profit that can be distributed to stakeholders, owners, or reinvested into the business.

Adjusted gross income is typically associated with tax calculations and includes income adjustments but does not represent profit after all expenses. Net operating income focuses on income generated directly from operations before considering financing and tax expenses, so it falls short of showing the total profit. Effective gross income refers to gross revenue minus vacancy losses and other adjustments but does not encompass the full spectrum of expenses related to profit calculation.

Since net income provides the most comprehensive view of profitability after all relevant expenses are taken into account, it is the correct choice in this context.