Financial Statement Analysis for Earnings Before Interest and Taxes (EBIT): A company's income statement shows sales revenue of $1,000,000, cost of goods sold (COGS) of $600,000, and operating expenses of $200,000. Calculate the company's earnings before interest and taxes (EBIT) and discuss how this profitability measure reflects the company's operating performance and efficiency. Analyze factors that may affect EBIT, such as changes in sales volume, cost control measures, and operating leverage, and their implications for financial analysis and decision-making.