Operating Income Is

question 91

Multiple Choice

Operating income is:

• A) A measure of profitability after deducting cost of sales from net sales.
• B) A measure of profitability after deducting cost of sales and all expenses incurred in operating the business from net sales.
• C) A measure of liquidity after deducting cost of sales from net sales.
• D) The equivalent of net sales.

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Definitions:

Detractor

An individual who is not supportive or is critical of something or someone, often expressing disapproval or opposition.

Effective Communication

The successful exchange of information, where messages are clearly delivered, received, and understood between parties.

Socializer

An individual who actively seeks out or enjoys participating in social activities with others.

Passive Communication

A style of communication where the individual fails to assert their own ideas or needs, often avoiding confrontation.