Calculate the EBIT for a Firm with $4 Million Total

question 62

Multiple Choice

Calculate the EBIT for a firm with $4 million total revenues,$3.5 million cost of goods sold,$500,000 depreciation expense,and $120,000 interest expense.

• A) $500,000
• B) $380,000
• C) $0
• D) ($120,000)

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Definitions:

Pulmonary Artery

A major blood vessel that carries deoxygenated blood from the right side of the heart to the lungs for oxygenation.

Coronary Artery

Refers to the arteries that supply blood to the heart muscle itself.

Chemical Receptors

Specialized cells or proteins that bind to specific chemicals and trigger a response in the body or cell.

Inspiration

The process of taking air into the lungs, a critical component of respiration.