You create separate accounts for Income, Profit, your Owner’s Compensation, Taxes, and Operating Expenses. Practical Tip: Visit your online bank and open these accounts today. You shouldn’t ...

Operating income measures a company’s efficiency and performance and is the profit after operating expenses have been subtracted from gross profit. Before delving further into operating income ...

Operating margin is a profitability ratio that measures a company’s operating efficiency after cost of goods sold and operating expenses have been deducted from revenue. Operating income is ...