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A company has the same level of operating income for Q1 of two consecutive years. However, for the more recent Q1, level of D&A increased.
A company has the same level of operating income for Q1 of two consecutive years. However, for the more recent Q1, level of D&A increased. When you compare the company's most recent Q1 LTM EBIT and EBITDA to those of its last complete fiscal year, you would expect:
Group of answer choices
(a) LTM EBIT to stay flat, LTM EBITDA to decrease
(b) LTM EBIT to increase, LTM EBITDA to increase
(c) LTM EBIT to stay flat, LTM EBITDA to increase
(d) LTM EBIT to increase, LTM EBITDA to decrease
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