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The historical crusades against Muslim lands, the colonization of Spain by the Muslim Moors and India by the British were all driven by economic interests, despite the advertised reasons that were used to mobilize their armies at the time. In my opinion, the invasion of Iraq was not about spreading democracy or weapons of mass destruction, it was about the oil.
Operating earnings are the profit earned after subtracting from revenues only those expenses that are directly associated with operating the business, such as the cost of goods sold (COGS), general and administration (G&A), selling and marketing, research and development, depreciation, and other operating costs. Operating earnings are an important measure of profitability. Because this metric excludes non-operating expenses, such as interest and taxes, it enables an assessment of the company’s core business profitability.
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