Operating

Operating cycle
An operating cycle refers to the time it takes a company to buy goods, sell them and receive cash from the sale of said goods. In other words, it's ho...
Operating reserve formula
An organization's Operating Reserve Ratio can be calculated in terms of a percentage (operating reserves divided by the annual expense budget) or numb...
Operating reserve ratio
An organization's Operating Reserve Ratio can be calculated in terms of a percentage (operating reserves divided by the annual expense budget) or numb...
Operating income vs net income
Key Takeaways Operating income is revenue less any operating expenses, while net income is operating income less any other non-operating expenses, suc...
Gross profit and operating income
Gross profit is the total revenue minus the expenses directly related to the production of goods for sale, called the cost of goods sold. Derived from...
Operating ratio
The operating ratio shows the efficiency of a company's management by comparing the total operating expense (OPEX) of a company to net sales. The oper...
How to find operating expenses in quickbooks
To calculate the operating cost, you first need to determine the Cost of Goods Sold (COGS). COGS = Opening Stock + Purchases + Direct Expenses – Closi...
Operating lease
Definition: Operating lease is a contract wherein the owner, called the Lessor, permits the user, called the Lesse, to use of an asset for a particula...
Is an operating agreement required for an llc in illinois
An LLC operating agreement is not required in Illinois, but is highly recommended. This is an internal document that establishes how you will run your...