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I completely agree with the answers to colleagues
Income from continued operations:
The components of income from continuing operations are: revenues, expenses (including income taxes),gain and losses,excluding those related to discounted operations and extra ordinary items.
Operating Income = Gross Income - Operating Expenses - Depreciation & Amortization
Operating Income = Gross Income - Operating Expenses - Depreciation & Amortization
Operating income would not include items such as investments in other firms, taxes or interest expenses. In addition, nonrecurring items such as cash paid for a lawsuit settlement are often not included.
Operating income is required to calculate operating margin, which describes a company's operating efficiency
Income from continuing operations comprise of:
i) After-tax net income before discontinued operations
ii) extraordinary items, and the cumulative effect of changes in accounting principle
thanx for invitation
and there is no answer after Mr VENKITARMAN and Mr MIR ALI
agrrd with answers above
I AGREE WITH ALL ANSWERS
revenue
- COGS
= Gross margin
- admin. expenses
= operating income
+ Gains
- losses
- interest & dividend paid
+ interest ^ dividend received
= operating income from contentious operation
operating income
Income from Continuing Operations
Means the income generated from the business when it was running condition and the assumption "Going Conern" was valid and applicable and which is closed right now.
Operating Income
The income which is being generated from the normal course of business
