Question

Gains and losses from budget operation

Answer 1

Non-operating income includes the gains and losses (expenses) generated by other activities or factors unrelated to its core business operations. Operating income is calculated by subtracting the cost of goods sold. ... Examples include depreciation, SG&A expenses, as well as R&D expenses

Gains and losses are the opposing financial results that will be produced through a company's non-primary operations and production processes.

Revenue describes income earned through the provision of a business's primary goods or services.

An expense is a cost incurred in the process of producing or offering a primary business operation.