EBIT (Earnings Before Interest & Taxes/Operating Profit/Operating Income)
Subtracting operating expenses from gross profit.EBIT = Sales – Operation Expense – COGS – Depreciation Expense [NOT INTEREST EXPENSE!] or Sales – COGS – Depreciation
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EBIT (Earnings Before Interest & Taxes/Operating Profit/Operating Income)
Subtracting operating expenses from gross profit.EBIT = Sales – Operation Expense – COGS – Depreciation Expense [NOT INTEREST EXPENSE!] or Sales – COGS – Depreciation