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This question belongs to Commerce Financial Management
Financial Management
?

The formula of EBIT = ________

Answer & Solution
Correct Answer: Option B
The formula of EBIT = Contribution - Fixed cost.
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2 Comments
Suindu De
Suindu De 2 years ago
Answer should be total sales.Contrbution is the EBIT itself so there is no meaning to subtract the Fixed cost.
Manoj Kumar
Manoj Kumar 5 years ago
its helps alot