What Is the Formula to Calculate Operating Income

question 142

Multiple Choice

What is the formula to calculate operating income?

• A) sales revenue - selling and administrative expenses
• B) gross margin - selling expenses + selling and administrative expenses
• C) sales revenue - cost of goods sold + selling and administrative expenses
• D) sales revenue - cost of goods sold - selling and administrative expenses

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Definitions:

Unconscious Processes

Mental activities not readily available to conscious awareness, often influencing behaviors, thoughts, and feelings without one's notice.

Psychosexual Stages

According to Freud, stages in the developmental process children pass through; in each stage, sex drives are focused on the stimulation of certain areas of the body, and particular psychological issues can arouse anxiety.

Sequential Order

The arrangement of objects, actions, or events in a specific, logical sequence, one following another.

Superego

In psychoanalytic theory, the part of the psyche that operates as a moral conscience.