Question

Name the difference between Revenue from operations and
Operating cost:
Gross profit
Operating profit
Operating cost
Net profit before interest and tax​

Answer 1

Answer:

Understanding Operating Income

Operating income is similar to a company's earnings before interest and taxes (EBIT); it is also referred to as the operating profit or recurring profit. The one big difference between operating income and EBIT is that EBIT includes any non-operating income the company generates.

Explanation:

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Answer 2

Answer:

Revenue, as we said, refers to earnings before the subtraction of any costs or expenses. In contrast, operating income is a company's profit after subtracting operating expenses, which are the costs of running the daily business.

Explanation:

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