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Katya, an accounting undergraduate student, asks you to explain the difference between EBIT, EBITDA and NOPAT performance ratios. Illustrate two scenarios, one where the ratios

Katya, an accounting undergraduate student, asks you to explain the difference between EBIT, EBITDA and NOPAT performance ratios. Illustrate two scenarios, one where the ratios differ very little, and one when the ratios differ significantly. What is the key point for Katya to understand?

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