What term refers to the income received from the daily operations of a business?

The term that refers to the income received from the daily operations of a business is revenues. Revenues represent the total amount of money generated from the sale of goods or services before any expenses are deducted. This is a critical measure for assessing a company's financial performance as it indicates the effectiveness of its core business activities.

In the context of business, revenues serve as the foundation for other financial metrics, such as operating income and net income, which provide insight into profitability after expenses are considered. Operating income, while closely related, reflects revenues minus operating expenses, making it more specific but not the broadest term for daily income generation. Gross profit, on the other hand, is the revenue left after deducting the cost of goods sold, focusing specifically on the direct costs of production rather than total revenues from all operations. Net income represents the total profit of a business after all expenses, taxes, and costs have been subtracted from total revenues, not just from core operations. Thus, revenues is the most accurate term for the income generated directly from the business's regular activities.