Total operating income is comparable to _________ for a non-financial firm.
A) sales
B) cost of goods sold
C) gross profit
D) earnings before interest and taxes
E) net income

Question

Quizplus · Accepted Answer

Total operating income is a measure of a firm's revenue generated from normal, ongoing business activities. It is similar to sales for non-financial firms, as it represents the total amount of revenue earned from selling goods or services.

Total Operating Income Is Comparable to _________ for a Non-Financial