You are watching: In a merchandising business, sales minus operating expenses equals net income.
Operating income looks at profit after deducting operating expenses such together wages, depreciation, and also cost of goods sold.
Gross profit is the benefit a firm makes ~ deducting the costs of making and also selling the products, or the costs of providing its services.
Operating Income before Depreciation and also Amortization (OIBDA) shows a company"s profitability in its core company operations.
A net loss is when expenses exceed the income or complete revenue created for a given duration of time and is sometimes dubbed a net operating loss (NOL).
Operating benefit is the complete earnings native a company"s core company operations, excluding deductions of interest and also tax.
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A non-operating expense is an expense incurred by a company that is unrelated come its core operations.