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    Accounting Business Reporting
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    Exam 6: Income Statement and Statement of Changes in Equity
  5. Question
    Which of These Is the Best Measure of an Entity's
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Which of These Is the Best Measure of an Entity's

Question 27

Question 27

Multiple Choice

Which of these is the best measure of an entity's profitability?


A) Profit before tax
B) Profit after tax
C) Earnings before interest and tax
D) There is no one 'best' profit measure;it depends on the requirements of the user

Correct Answer:

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