Question
Operating Income is an important metric and represents the profit that is left over when operating expenses and cost of goods sold are deducted from
Operating Income is an important metric and represents the profit that is left over when operating expenses and cost of goods sold are deducted from revenue. It is also referred to as what?
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A. Interest income
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B. Earnings before Income Taxes, or EBT
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C. Bottom line
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D. Earnings before interest and taxes, or EBIT
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Accounting For Non-Accounting Students
Authors: John R. Dyson, Ellie Franklin
9th Edition
978-1292128979, 1292128976
