Multiple Choice
Which of the following profit measures represents the raw operating earnings of an entity?
A) Profit after taxation.
B) Earnings before interest and taxation (EBIT) .
C) Gross profit.
D) Earnings before interest, taxation, depreciation and amortisation (EBITDA) .
Correct Answer:
Verified
Correct Answer:
Verified
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Q19: Increases in assets or decreases in liabilities
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Q22: Which of these would not be recorded
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