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What is the formula for calculating operating income?
Asked 3 years ago
Gareth Browne
Thursday, November 11, 2021
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Operating Income = Gross Income – Operating Expenses
Operating Income is the sum total of all income from sales and operations minus expenses such as tax, cost of goods, shipping and ad spending.
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Shir Lapidot
Brody Hall
Rosana Antoni
Hi everyone, I want to track my small business expenses in Excel. Looking for pointers on how to do it. Thanks.
Do I have to keep the original receipts, or can I keep scanned copies on my PC?
I want to make sure that my idea of how much operating expenses should be is as realistic as possible. I want to keep my costs as low as possible, but we need to be realistic in the end.
My current supplier contract is coming to an end in 6 months and soon I'll need to start negotiating for a new one. Overall I've been very happy with my supplier and they are easy to work with bu
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