Asked by Daniel Gurov on May 23, 2024

verifed

Verified

When a company has no reportable non-operating activities,its income from operations is reported as ________.

Non-Operating Activities

Business activities that are not related to the company's primary operations, such as investment income or losses from the sale of assets.

Income from Operations

The profit realized from a business's core operations, excluding income from other sources and expenses unrelated to the core operations.

  • Illustrate the reporting of income from operations in the absence of non-operating activities.
verifed

Verified Answer

GS
GURINDER SinghMay 24, 2024
Final Answer :
net income