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Business

Answered

EBIT, often referred to as operating income, stands for "earnings before interest and taxes." Select one: True False

Answer :

eooyibo123 eooyibo123

Today at 10:01 PM

Answer:

False

Explanation:

Earning before interest and tax (EBIT) is a measure of the income a business makes in a given period from operations and non-operations activities. Taxes and interest have not been deducted.

EBIT is different from Operating Income which is profit less business related expenses.

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