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    avasmom's Avatar
    avasmom Posts: 1, Reputation: 1
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    #1

    Jun 20, 2007, 07:23 AM
    Income from Operations
    What is the difference between income from operations, and gross profit?
    Superfly999's Avatar
    Superfly999 Posts: 235, Reputation: 14
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    #2

    Jun 20, 2007, 09:04 AM
    Income from operations is the money you earn from accounts such as:
    Sales off merchandise
    Sales of services
    And etc..


    What the gross profit is:
    Income from your operations
    Income from various other things that aren't part of operations

    MINUS

    The cost of goods sold (what it cost you do by your merchandise to sell to your customers or what it cost you to perform your services, this also includes some expenses such as shipping and ect)

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