Question : Which of the following is an operating income ?
Option 1: Interest Income
Option 2: Dividend Income
Option 3: Profit on the sale of old car
Option 4: Sale of Merchandise
Answer (1)
25th Jan, 2024
Correct Answer: Sale of Merchandise
Solution :
Operating income is the total revenue from a company's primary business activities, excluding interest, dividends, tax deductions, and other income.
Hence the correct answer is option 4.
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