Practicing Success
What is the difference between Revenue from Operations and Operating Profit? |
Gross Profit Operating Profit Operating Cost Net Profit before Tax |
Operating Cost |
Operating cost refers to the total expenses incurred by a company to maintain and run its regular business operations. It includes all the costs directly related to producing and selling goods or services. Operating expenses may include costs like raw materials, labor, rent, utilities, marketing, and other day-to-day expenses. |