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Ques: Define operating profits.
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⚫♡Good Morning♡⚫
Ques: Define operating profits.
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Explanation:
The term “operating profit” refers to an accounting metric measuring the profits a company generates from its core business functions, where the deduction of interest and taxes is excluded from the calculation. This operating value likewise excludes any profits earned from the firm's ancillary investments, such as earnings from other businesses a company may be partially vested in.
The term “operating profit” refers to an accounting metric measuring the profits a company generates from its core business functions, where the deduction of interest and taxes is excluded from the calculation. This operating value likewise excludes any profits earned from the firm's ancillary investments, such as earnings from other businesses a company may be partially vested in.