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:

Compression Virus

A compression virus is a type of malicious software that compresses files on a victim's computer without permission, often to make the files unusable until a ransom is paid or to hide its presence.

Data Files

Files that primarily contain data used or generated by applications, distinct from executable files or documents, serving as inputs or outputs in various data processing tasks.

Unusable

Referring to something that cannot be used either due to being broken, incompatible, or not suitable for a particular purpose.

Resident Virus

A type of malware that embeds itself in the memory of a computer allowing it to execute at any time, typically activated when the operating system loads.