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Which of the following correctly defined a firm's operating break-even? a. EBIT is equal total sales less total variable and fixed costs. b. EBIT is

Which of the following correctly defined a firm's operating break-even? a. EBIT is equal total sales less total variable and fixed costs. b. EBIT is equal to EBDITA less total fixed costs. c. EBIT is less than total sales less total variable costs. d. EBIT is equal to total sales

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