________ summarizes the results of the basic operating activities of a company.
A) Gross margin
B) Gross profit
C) Net profit
D) Operating income

Name: ________ summarizes the results of the basic operating activities of a company. A) Gross margin B) Gross profit C) Net profit D) Operating income
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Question

Quizplus · Accepted Answer

Operating income is the income that results from a company's core business operations, including revenue and expenses. It is a measure of the company's profitability from these activities.

________ Summarizes the Results of the Basic Operating Activities of a Company