Touromaster's operating loss was which amount?

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Multiple Choice

Touromaster's operating loss was which amount?

Explanation:
Operating loss shows what’s left (or not) after a company’s core activities have paid for themselves. It’s the result of operating revenues minus operating expenses, excluding interest and taxes. A negative figure means expenses outweighed the revenue from running the business. In this case, the calculation of Touromaster’s operating activities results in a deficit of three million pounds, so the operating loss is -£3m. The other options would imply different sizes of loss or, if positive, a profit, which wouldn’t match an operating loss.

Operating loss shows what’s left (or not) after a company’s core activities have paid for themselves. It’s the result of operating revenues minus operating expenses, excluding interest and taxes. A negative figure means expenses outweighed the revenue from running the business. In this case, the calculation of Touromaster’s operating activities results in a deficit of three million pounds, so the operating loss is -£3m. The other options would imply different sizes of loss or, if positive, a profit, which wouldn’t match an operating loss.

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