____ refers to sum total of income from property and income from entrepreneurship.
Fill in the Blanks
____ refers to sum total of income from property and income from entrepreneurship.
Anurag Pathak Changed status to publish December 22, 2023
Operating Surplus refers to sum total of income from property and income from entrepreneurship.
Explanation:-
Operating Surplus is the sum total of income from property and income from entrepreneurship.
Income from Property are:
- Rent
- Royalty
- Interest
Income from entrepreneurship are:
- Profit
Thus, the Operating Surplus formula is:
Operating Surplus = Rent + Royalty + Interest + Profit
Anurag Pathak Changed status to publish December 10, 2023
