EBIT is an acronym for ________.
A) Earnings before interest and taxes
B) Earnings before income taxes
C) Earnings before information technology costs
D) All of the above
E) None of the above

Question

Quizplus · Accepted Answer

EBIT stands for Earnings Before Interest and Taxes, which refers to a company's operating profit before deducting interest expenses and income taxes. Option B is incorrect because Earnings Before Income Taxes (EBIT) excludes interest expenses but not income taxes. Option C is incorrect because EBIT does not include IT costs. Option D is incorrect because only option A is correct.

EBIT Is an Acronym for ________