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    Fundamentals of Corporate Finance Study Set 16
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    Exam 3: Financial Statements, Cash Flows and Tax
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    Explain the Following Income Statement Items
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Explain the Following Income Statement Items

Question 52

Question 52

Essay

Explain the following income statement items.
1. Amortisation expense
2. Nonrecurring expense
3. Extraordinary items
4. EBITDA

Correct Answer:

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1. Amortisation expense is similar to de...

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