EBIT is an acronym for Earnings Before Interest and Taxes.
This is a term Bankers often use as a measure of a business’s earnings from operations. The EBIT reveals operating profitability without non-recurring or unusual income or expenses.
To calculate EBIT, start with the Net Operating Income. This amount would appear above the Extraordinary Income or Expenses line on the Profit and Loss Statement
EBIT: Earnings Before Interest and Taxes
Posted by Exit Promise under TaxesFrom http://exitpromise.com 3859 days ago
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