CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

EBIT stands for ____________.

A
Earning Before Interest and Tax
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Equity Before Interest and tax
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Earning Before Insurance and tax
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
None
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Earning Before Interest and Tax
Earning before Interest and Tax is termed as "EBIT" in short.

Earning before Interest and Tax means the situation where the interest paid and taxes are not considered while deducting the expenses from the income.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Statement of Profit and Loss
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon