Multiple Choice
Simone is a staff accountant for a local factory and has been asked to gather data and perform some analysis by the end of the week for the annual financial performance review. She compiled the following information: Assume that expenses do not include depreciation, amortization, or interest. What is the difference between earnings before interest and taxes (EBIT) for Years 1 and 2?
A) $36,490 decrease
B) $51,490 increase
C) $54,506 decrease
D) $54,506 increase
Correct Answer:

Verified
Correct Answer:
Verified
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