Income from operations is gross profit less .

(a) operating expenses and other expenses and losses.
(b) operating expenses plus other revenues and gains.
(c) operating expenses

(c) operating expenses

Explanation:

The formula to compute the income from operations is

Income from operations = Gross profit - operating expenses

where,

Gross profit = Sales revenue - cost of goods sold

And, the cost of goods sold is direct material cost, direct labor cost, etc

The operating expenses includes the day to day expenses like selling expenses, administrative expenses, etc

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.