Question

what is meant by operating surplus?write its formula​

Answer 1

Answer:

operating surplus is Net value added at FC minus Compensation of employees (traditionally called wages). In other words, operating surplus is sum of rent, interest and profit. Alternatively, operating surplus is income from property (rent + interest) and income from entrepreneurship (profit).

Answer 2

Operating surplus is an accounting concept used in national accounts statistics which refers to the measure of the surplus accruing from production of the output before deducting property income from it like land rent and interest. It is a component of value added and Gross domestic product.