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Where do you find financial data to determine ebit? The basic format of an income statement is Sales - Expenses = Profits. Income - Expenses

Where do you find financial data to determine ebit?

The basic format of an income statement is

Sales

-

Expenses

=

Profits.

Income

-

Expenses

=

EBIT.

Sales

-

Liabilities

=

Profits.

Assets

-

Liabilities

=

Profits.

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