Loss by fire, loss by theft etc are ___
Operating expenses
Non operating expenses
Financial expenses
All of these
Loss by fire, loss by theft etc are Non Operating expenses
________________ = operating profits + non-operating income - non-operating expenses
Is a retailer's Interest Expense an operating expense or a non-operating expense?
Solve the following: If gross profit as Rs 2,20,000 and operating expenses are Rs 85,000 and non operating expenses are Rs 30,000, find out operating profit.