Operating income
This query is : Resolved
09 August 2014
hello everyone,
can anyone pls tell that the income from sale of a prototype is a operating income or non-operating.
thankyou
can anyone pls tell that the income from sale of a prototype is a operating income or non-operating.
thankyou
09 August 2014
depends on what your business is. if you are into research, sale of proto-type shall also be included in operating income
09 August 2014
Thankyou sir,that helped me.
one more thing.. is amortisation of design and development expense is an operating expense, if i am in a business of designig and developing machinery.
one more thing.. is amortisation of design and development expense is an operating expense, if i am in a business of designig and developing machinery.
09 August 2014
it is equivalent to depreciation and is considered an operating expense.
09 August 2014
ok sir.. this solved my query.but it would be great if you could pls expalin in detail.
thankyou.
thankyou.
10 August 2014
you need the assets to run the business...such expenses are covered as operating expenses. Thats the simplest explanation..
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