Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / praveen
For example, suppose ABC Printing Company earns $50 million from its core printing related operations, $10 million from its 40% stake in XYZ Corp. and $3.5 million from interest earned in its money market and bank accounts. In addition, the company spends $10 million in production related costs.
Overall, the company's operating profit is $40 million. This is calculated as the $50 million in operating revenue million minus the $10 million in production costs. The other $10 million and $3.5 million in earnings are not included in operating income because they are investment income.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What attracted you towards banks?
Explain the role of SEBI?
What is working capital and how is it calculated?
What is a deferred tax asset?what is bank? What are the types of banks?
Tell something about history of NABARD?
What is the acronym of 'mibor'?
Explain secured loans and unsecured loans.
Pass the Journal Entry of Debentures Are Issued Other Than Cash?
What is micro financing?
What are 'revenue receipts'?
What is difference between debit card and credit card?
What is the central monetary authority of india?
Would you bribe a policeman in order to save time as you have an important interview that day?
What is a normal distribution curve?
Describe the pros and cons of globalization?
