FACTOID # 34: Ethiopians are by far the most agricultural people on earth (both men and women)
 
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Encyclopedia > Gross operating surplus
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Gross operating surplus (GOS) is the surplus due to owners of incorporated businesses. Often called profits, although only a subset of total costs are subtracted from gross output to calculate GOS.


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Spartanburg SC | GoUpstate.com | Spartanburg Herald-Journal (1141 words)
Operating surplus is a component of value added, and in national accounts sometimes referred to as "mixed income" although most of it will normally consist of gross profit income.
The size of total operating surplus is in theory not affected by whether the assets used in production are owned or rented by the enterprise, or whether assets owned by the enterprise and used in production are financed out of its own funds (or equity capital) or out of borrowed funds (or loan capital).
The trend in operating surplus over time will normally be similar to the general trend in gross business profits, but in Marxian economics operating surplus is rejected as an adequate proxy for total gross profit or surplus value.
Construction sector gross output slips 11% (217 words)
Gross operating surplus, equal to gross output less total operating expenditure, fell 1.9% to $7 billion.
The proportion of gross operating surplus in gross output was 53.2%, down from 56.5%.
The proportion of gross operating surplus in gross output was 4.7%, lower than the previous year's 5%.
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