Accounting Dictionary
Operating Income
Operating Income is the money a company makes from selling its product.
Operating income is sales – cost of merchandise sold – operating expenses. It would not include funds received from ancillary activities such as stock market profits/losses or interest income/expense.
https://accounting.uworld.com/cpa-review/lc/accounting-dictionary/term/operating-income/
Sign Up to Learn More!
Join our mailing list today to get notified of new discount offers, course updates, Roger CPA Review news, and more!