Nearest major airport to Florida Keys: The closest major airport to Florida Keys is Key West International Airport (EYW / KEYW). This airport is in Key West, Florida and is 49 miles from the center of Florida Keys. If you're looking for domestic flights to EYW, check the airlines that fly to EYW.
What is 'Operating Income'. Operating income is an accounting figure that measures the amount of profit realized from a business's operations, after deducting operating expenses such as cost of goods sold (COGS), wages and depreciation.
Net Operating Income. The basic formula for calculating net operating income is to take total sales minus cost of goods sold to arrive at gross profit. Then gross profit minus selling and administrative expenses will get you to net operating income.This basic formula will not change when using different accounting methods. However, the cost of goods sold portion may be calculated differently depending on whether variable or absorption costing is used.educing Expenses. Absorption costing is required for reporting purposes. This means increasing production is a legitimate way to reduce cost of goods sold and increase net operating income. However, having excess inventory can also create problems.