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Income Statement– Operating Profit
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Operating profit represents the results of the company’s usual business activities before deducting interest expense or taxes.
Operating profit (also called operating income) is thus often referred to as earnings before interest and taxes (EBIT).
144Personal Income & Personal Disposable Income:Personal Income Personal Disposable Income:PersonalIt measures the amount of after-tax income that households have to spend on goods andprofits plus the capital consumption allowance.
136Economic Profit and Accounting Profit:AccountingNormalEconomicAccounting depreciation is backward looking.
189Other Comprehensive Income:statement and then presents the components of other comprehensive income.
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