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    Principles of Corporate Finance Study Set 4
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    Exam 10: Leverage and Capital Structure
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    Earnings Before Interest and Taxes (EBIT) Is a Descriptive Label
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Earnings Before Interest and Taxes (EBIT) Is a Descriptive Label

Question 161

Question 161

Multiple Choice

Earnings before interest and taxes (EBIT) is a descriptive label for


A) gross profits.
B) operating profits.
C) net profits before taxes.
D) earnings per share.

Correct Answer:

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