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23 26 D Question 23 3 Which of the following is incorrect concerning EBITD? o It stands for Earnings Before (Subtracting) Interest. Taxes & Depreciation

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D Question 23 3 Which of the following is incorrect concerning EBITD? o It stands for Earnings Before (Subtracting) Interest. Taxes & Depreciation O It is the numerator in the Coverage Ratio O It is always less than Before-Tax Profits o It declines if Operating profits decline Question 26 3 pts The more elastic a company's product or service), the likelihood that an increase in price will add to its profit: the o greater O les O irrelevant to

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