Earnings before interest and taxes:
A) is the same as EBITDA.
B) refers to the gross profit minus operating expenses minus interest.
C) refers to gross profit minus operating expenses.
D) Both A and C.
C
Business
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A corporation's accounting statement of affairs shows a dividend of 115%. The dividend means that a. secured creditors will receive an amount in excess of the book value of their claims. b. unsecured creditors will receive an amount in excess of the book value of their claims. c. stockholders may expect some return on their interests
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