Earnings Before Interest and Taxes (EBIT) Is Calculated

question 33

Multiple Choice

Earnings before interest and taxes (EBIT) is calculated:

• A) sales - cost of goods sold - total operating cost.
• B) gross margin - total operating cost .
• C) sales - transportation costs - warehouse costs - inventory carrying costs.
• D) none of these answers.

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Definitions:

Optimistic

Having a positive or hopeful outlook on situations, believing that the most favorable outcomes are likely to occur.

Pessimistic

Having a tendency to see the worst aspect of things or believe that the worst will happen.

Gantt Charts

Gantt charts are visual project management tools used to schedule tasks within a project, showing start and end dates, as well as dependencies between tasks.

Flow Charts

Diagrams that depict the sequence of steps in a process, showing how tasks are interconnected and flow from one to the next.