Which type of income shows how much a company earns from carrying on its normal operations?

Question

Quizplus · Accepted Answer

Operating income shows how much a company earns from carrying on its normal operations, without taking into account any extraordinary items, such as one-time gains or losses. Income before extraordinary items and income after extraordinary items both include these one-time items, while net income after taxes includes all income and expenses, not just those related to operations.

Which Type of Income Shows How Much a Company Earns