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What is a firm's net income? earnings before interest and taxes are deducted earnings after interest is deducted but before taxes are deducted net sales

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What is a firm's net income? earnings before interest and taxes are deducted earnings after interest is deducted but before taxes are deducted net sales less cost of sales a measure of the firm's profitability over a given period the third line of an income statement that represents the difference between sales revenues and costs

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