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Please answer the following questions thoroughly in your own words.(500 Words) Why is earnings per share called the bottom line? What is EBIT, or operating

Please answer the following questions thoroughly in your own words.(500 Words)

  • Why is earnings per share called the bottom line?

  • What is EBIT, or operating income?

  • What is EBITDA? Which is more like a snapshot of the firms operationsthe balance sheet or the income statement? Explain your answer.

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