Which of the Following Is Operating Income

question 54

Multiple Choice

Which of the following is operating income?

• A)explicit plus implicit costs
• B)stockholders' equity
• C)revenue minus operating expenses
• D)net profit

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Definitions:

Practical Model

A practical model is an applied or practical representation designed to solve real-world problems or to make predictions about events in everyday practical contexts.

Sum of Squares for Regression

A measure of the variation explained by the regression line, indicating the goodness of fit of the model.

Sum of Squares for Error

The sum of the squared differences between the observed value and the estimated value in a dataset, reflecting the discrepancy or error within the model used.

SSR

Sum of Squares due to Regression, a measure in statistical analysis that quantifies the variation explained by the independent variables in a regression model.