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Net income minus operating expenses. Question added by muhammad mujtaba shafique rj dream fm106 date posted. The total revenue taken into consideration excludes additional earnings from investments outside the business. Operating income was 116 million and included all the expenses. Net sales refer to revenue minus returned merchandise which is common for retailers.
Gross profit minus operating expenses is best defined as net income or net sales or operating income. Operating profit was 2 2 million for the period which is calculated by taking gross profit of 3 million minus operating expenses of 1 million labeled total expenses. Upvote 0 views 2313 followers 4. Revenue total net sales was 12 5 billion.
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