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    Business
  3. Study Set
    Principles of Corporate Finance Study Set 4
  4. Exam
    Exam 2: Financial Statements, Cash Flows, and Taxes
  5. Question
    Operating Profits Are Defined as
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Operating Profits Are Defined as

Question 59

Question 59

Multiple Choice

Operating profits are defined as


A) earnings before interest and taxes.
B) earnings after taxes.
C) sales revenue minus cost of goods sold.
D) earnings before depreciation and taxes.

Correct Answer:

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